Motor vehicle dealers; sale of franchise.

Motor vehicle dealers; sale of franchise. Changesthe deadline for a vehicle manufacturer, factory branch, distributor,or distributor branch to reject the sale or transfer of a dealershipfrom 30 days prior to the effective date of the sale or transferto 60 days from the receipt of notice from the dealer of the proposedsale or transfer and lists requirements for such notice from thedealer. The bill provides that an objection to a sale or transferbased on an applicant's years of motor dealer management experienceis a reasonable objection but removes the right to object based onother applicant qualifications. The bill further provides that a franchisor's consent to a relocation of a business…