This bill amends R.S.39:10-19 to establish new requirements for used motor vehicle dealers operating within multi-dealer locations. Specifically, it mandates that these dealers maintain a minimum of four business hours per week, from Monday to Saturday, between 9:00 a.m. and 5:00 p.m. During these hours, either the licensee or an authorized signatory must be present at the business location. Additionally, a multi-dealer representative is required to be physically present at the established place of business from Monday to Friday during the same hours, and this representative does not need to be an authorized signatory of any specific motor vehicle dealer.

The bill also provides a definition for "multi-dealer location," describing it as a single structure containing multiple office spaces where distinct businesses operate as used motor vehicle dealerships, in compliance with regulations set by the New Jersey Motor Vehicle Commission. These changes aim to enhance accountability and accessibility for consumers engaging with used motor vehicle dealers in multi-dealer settings.