§ 23-112-702. Damage prior to delivery to dealer — Notice
(a) Whenever a motor vehicle is damaged while in transit when the carrier or the means of transportation is designated by the manufacturer or distributor, or whenever a motor vehicle is otherwise damaged prior to delivery to the dealer, the dealer must: (1) Notify the manufacturer or distributor of such damage within three (3) working […]
§ 23-112-703. Failure to repair
In the event the manufacturer or distributor refuses or fails to authorize repair or replacement of any such damage within three (3) working days of notification of damage by the dealer, ownership of the motor vehicle shall revert to the manufacturer or distributor, and the dealer shall incur no obligations, financial or otherwise, for the […]
§ 23-112-704. Computing time
In computing the lapse of three (3) working days under this subchapter, the day of the occurrence of delivery of the motor vehicle to the dealer by the manufacturer or distributor or the day of notification of the damage to the manufacturer or distributor by the dealer, as described in § 23-112-703, is not to […]
§ 23-112-705. Disclosure of damage to consumer — Certification
(a) Prior to the sale of any motor vehicle damaged prior to delivery to the dealer as described in § 23-112-702, excluding damage to glass, tires, and bumpers when replaced by identical manufacturer’s original equipment, and any damage not exceeding six percent (6%) of the sticker price of the vehicle, the occurrence and extent of […]
§ 23-112-706. Damage after delivery to dealer — Disclosure to consumer — Certification
(a) Whenever a motor vehicle is damaged after delivery to the dealer by the manufacturer or distributor but before sale by the dealer to the consumer, and the occurrence and extent of such damage is in excess of six percent (6%) of the sticker price of the vehicle, it must be disclosed by the dealer […]
§ 23-112-707. Manufacturer required to indemnify franchised dealers
Notwithstanding the terms of any franchise agreement, it shall be a violation of this subchapter for any new motor vehicle manufacturer to fail to indemnify and hold harmless its franchised dealers against any judgment or settlement agreed to in writing by the manufacturer for damages, including, but not limited to, court costs and reasonable attorney’s […]
§ 23-112-801. Findings
The General Assembly finds that: (1) A special motorcycle event sponsored by a city, county, nonprofit entity, or motorcycle owners’ organization draws people from all over the state, other states, and even other countries; (2) A special motorcycle event can provide a valuable increase in tourism for the state; and (3) The laws and rules […]
§ 23-112-802. Definitions
As used in this subchapter: (1) “Motorcycle owners’ organization” means an entity that is organized as a nonprofit entity or for-profit entity and in good standing with the Secretary of State; (2) “Nonprofit entity” means an entity that has received tax-exempt status from the Internal Revenue Service pursuant to section 501(c)(3) or section (501)(c)(4) of […]
§ 23-112-803. Statements of estimated positive economic impact
A statement of the estimated positive economic impact of a proposed special motorcycle event shall be submitted to the Arkansas Motor Vehicle Commission from an independent source such as a university, chamber of commerce, or other entity that regularly engages in the estimation of the economic benefit of an occurrence for businesses and industries.
§ 23-112-609. Issuance of license certificate
Upon satisfactory submission and verification of a fully executed application as required by § 23-112-607(a) and (b), payment of the fee provided for by § 23-112-608, and receipt of the corporate surety bond as required by § 23-112-607(c), the Department of Arkansas State Police shall issue the applicant a license certificate.