The Recreational Vehicle Manufacturer and Dealer Act establishes a regulatory framework governing the relationships between manufacturers, distributors, and dealers of recreational vehicles. It requires a manufacturer-dealer agreement to be in place before a dealer can sell new vehicles, detailing the rights and responsibilities of both parties. The Act includes provisions for the termination, cancellation, or nonrenewal of these agreements, mandating good cause and written notice. Additionally, it requires manufacturers to repurchase unsold vehicles and parts under specific conditions, ensuring fair compensation for dealers if agreements are terminated unjustly. The bill also introduces consumer protection measures, warranty obligations, and prohibits coercive practices by manufacturers against dealers.

Moreover, the bill outlines the rights of retail buyers and establishes a dispute resolution framework, mandating mediation before civil actions can be initiated. It allows aggrieved parties to seek damages and attorney fees for violations, with penalties for dealers who breach the Act, including potential license suspension and administrative fines. The bill also amends existing definitions related to motor vehicles and dealers, clarifying terms such as "manufacturer," "motor vehicle," and "recreational vehicle." It repeals Section 57-16-6.2 NMSA 1978 and sets an effective date for the new provisions as January 1, 2026, aiming to modernize regulations and enhance clarity for all parties involved in the recreational vehicle industry.

Statutes affected:
introduced version: 57-16-2, 57-16-3, 57-16-6.2
CT substitute: 39-3-1.1, 57-16-3, 57-16-6.2