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 dealer or an authorized signatory must be present at the business location. Additionally, a multi-dealer representative is required to be on-site from Monday to Friday during the same hours, and this representative does not need to be an authorized signatory for any specific dealer.

The bill also provides a definition for "multi-dealer location," describing it as a single structure containing multiple office spaces for different used motor vehicle dealerships, which must comply with the New Jersey Motor Vehicle Commission's regulations. This legislative change aims to ensure that licensed used motor vehicle dealers are accessible to customers during specified hours, thereby enhancing consumer protection and service in the used vehicle market.