Legislation

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This entry was published on 2014-09-22
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SECTION 460
Legislative findings
Vehicle & Traffic (VAT) CHAPTER 71, TITLE 4, ARTICLE 17-A
§ 460. Legislative findings. The legislature finds and declares that
the distribution and sale of motor vehicles within this state vitally
affects the general economy of the state and the public interest and the
public welfare, and that in order to promote the public interest and the
public welfare and in the exercise of its police power, it is necessary
to regulate motor vehicle manufacturers, distributors and factory or
distributor representatives and to regulate dealers of motor vehicles
doing business in this state in order to prevent frauds, impositions and
other abuses upon its citizens and to protect and preserve the
investments and properties of the citizens of this state.