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 also defines a "multi-dealer location" as a single structure containing multiple office spaces where different used motor vehicle dealerships operate, provided that the structure complies 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.