This bill amends R.S.39:10-19 to establish specific business hour requirements for licensed used motor vehicle dealers operating within multi-dealer locations. 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 which either the dealer or an authorized signatory must be present at the business location. Additionally, it requires that a multi-dealer representative be physically present at the established place of business from Monday to Friday during the same hours, with the stipulation that this representative does not need to be an authorized signatory for any specific dealer.

The bill further defines a "multi-dealer location" as a single structure containing multiple office spaces where distinct used motor vehicle dealerships operate, provided that the structure adheres to the regulations set forth by the New Jersey Motor Vehicle Commission. This legislative change aims to enhance accountability and accessibility for consumers engaging with used motor vehicle dealers in multi-dealer settings.