Current through Register Vol. 49, No. 9, September, 2024
RULE 1
GENERAL ORGANIZATION
1.1 Regular meetings of the Commission shall
be held on the third Wednesday of each month and will continue in session until
business is completed insofar as it is possible. Any regular meeting of the
Commission may be set forward, postponed, canceled or adjourned to another ay
as determined by the Chairman. Five (5) members shall constitute a
quorum.
1.2 All regular meetings of
the Commission shall be held in its office in Little Rock, Arkansas.
1.3 Special meetings of the Commission may be
called at any time by the Chairman or a majority of the Commission.
1.4 Special meetings of the Commission may,
upon approval of the Chairman or a majority of the Commission, be held at any
place within the State of Arkansas.
1.5 Any person desiring to appear before the
Commission at any regular meeting, to take up any business within the
jurisdiction of the Commission, shall at least twenty (20) days prior to any
such meeting, file with the Executive Director three (3) copies of a written
request in which the nature and purpose of the appearance shall be clearly and
concisely stated in sufficient detail to fully apprise the Commission of the
basis and extent of such business. This requirement may be waived, in whole or
in part, by the Executive Director or by unanimous consent of the Commissioners
present at any meeting; provided that when such a request is in the nature of a
complaint against any licensee under A.C.A. §
23-112-101 et
seq., the provisions of Rule 2 shall be complied with.
1.6 The Executive Director of the Commission
shall arrange the order of business for all meetings of the Commission and
shall, at least fifteen (15) days thereto, notify all persons who are to appear
before any such meeting of the place and time of the meeting.
1.7 The Executive Director shall keep and
maintain on file in the Commission Office a record of all proceedings of the
Commission. The Executive Director shall also keep on file in the Commission
Office a copy of all Rules adopted by the Commission, a copy of all Orders
issued by the Commission and copies of all applications and license forms
adopted by the Commission. These records and such other records as the
Commission is by law required to keep and maintain shall be open for public
inspection during the regular hours of business of the Commission
Office.
1.8 At any time a vacancy
shall exist in the office of Executive Director, the powers and duties of that
office shall be performed by the Commissioner holding the office of Commission
Secretary and/or any member of the Commission Staff as the Chair may designate.
RULE 2
HEARING PROVISIONS
2.1 Any hearing to be conducted by the
Commission may be held at a regular Commission meeting or at a special meeting
convened for that purpose. A hearing may be called on a notarized complaint
filed with the Commission or on the Commission's own motion.
2.2 Before denying any application for a
license under A.C.A. §
23-112-101 et
seq. the Commission shall hold a hearing to determine if the applicant is
qualified under the provisions of the Act and Rules to receive the license for
which application has been made.
2.3 Before revoking or suspending any license
issued by the Commission pursuant to A.C.A. §
23-112-101 et
seq., the Commission shall hold a hearing to determine whether sufficient
grounds exist under the provisions of the Act upon which to base such
revocation or suspension.
2.4 Any
interested party, including the Commission on its own motion, shall have the
right to petition the Commission to call a hearing for the purpose of taking
action in respect to any matter within the Commission's jurisdiction. A party
requesting a hearing on any allegation that a licensee has violated the Act or
any Rules promulgated hereunder shall initiate the proceeding by filing with
the Executive Director of the Commission a notarized complaint, specifically
setting forth the grounds upon which the complaint is based and requesting a
hearing on the complaint.
2.5 All
complaints shall be forwarded to the licensee who is the subject of the
complaint for a response pursuant to Rule 2.8 herein. However, the Commission
shall have the discretion to investigate the alleged violations before sending
the complaint to the licensee when it determines that prior investigation is
appropriate or necessary to establish facts relevant to the
complaint.
2.6 All pleadings and
motions to be filed relative to any hearing or complaint shall be signed, dated
and filed with the Executive Director fifteen (15) days prior to the scheduled
hearing. The Commission shall retain the discretion to alter the aforesaid time
as circumstances dictate.
2.7 Upon
receipt of a notarized complaint against any licensee, person, firm,
partnership, association, corporation or legal entity the Commission shall
determine if the complaint alleges facts sufficient to give the Commission
jurisdiction. If the Executive Director or Commission is of the opinion that
the complaint tendered for filing does not comply with these rules, does not
sufficiently set forth required information or is otherwise insufficient, the
Executive Director or Commission may decline to accept the complaint and return
it unfiled. However, the Executive Director may proceed on an anonymous
complaint regarding violations of Commission advertising rules if the documents
clearly show the name of the dealer, the name of the publication, and the date
of publication.
2.8 If the
complaint is sufficient for filing, the Executive Director shall forward a copy
of the complaint to the licensee, person, firm, partnership, association,
corporation or legal entity against which the complaint is lodged, together
with notice that any written response to the complaint must be filed with the
Commission within ten (10) days from the mailing thereof. Upon receipt of
response to complaint or the expiration of the ten (10) day time period,
whichever occurs first, and upon completion of any further investigation which
is deemed appropriate, the Commission, in accordance with this Rule, shall
determine if the matter should be set down for hearing on the complaint filed
with the Commission or on the Commission's own motion.
2.9 At least thirty (30) days prior to the
date of any hearing before the Commission, Commission's Legal Counsel or the
Executive Director shall give written notice to the parties whose rights may be
affected. The notice shall include a statement of legal authority and
jurisdiction under which the hearing is to be held; along with a brief and
concise statement of the matters of fact and law involved. Notice shall be
mailed to such parties by registered or certified mail at their last known
address.
2.10 A "party whose rights
may be affected at any hearing" shall mean (1) any applicant for license
pursuant to the Arkansas Motor Vehicle Commission ACT whose potential licensing
is at issue at a hearing; (2) any licensee under the ACT against whom the
Commission could take adverse action at or after a hearing; and (3) the
complainant or party who has filed the complaint that led to the
hearing.
2.11 Any hearing to be
held pursuant to the filing of a notarized complaint against a licensee under
A.C.A. §
23-112-101 et
seq., or any hearing convened by the Commission upon its own motion at which
the issuance, suspension, or revocation of a party's license under the Act is
at issue shall be held in the county of respondent or in the county where such
respondent's principal place of business is located unless the respondent shall
agree that the hearing be held at the Commission Office. If the respondent is a
non-resident of this State, the hearing shall be held at the Commission
Office.
2.12 Any party whose rights
may be affected at any hearing before the Commission may, by written petition
signed and dated, invoke the aid of the Commission in procurement of any
witness the party may desire to be present and testify at any hearing; such
petition shall be filed with the Executive Director at least ten (10) days
prior to the hearing date. Any and all costs anticipated must be deposited with
the Executive Director at the time of filing of the petition. The Executive
Director shall retain the discretion to alter the aforesaid time as
circumstances dictate.
2.13
Hearings of the Commission, after being called to order, shall begin with a
statement by the presiding officer as to the nature of the cause to be heard
and thereafter the hearing shall proceed with the presentation of evidence on
behalf of the complainant (petitioner). At the conclusion of such evidence, the
party complained against (respondent) may proceed to introduce evidence on his
or her behalf, after which rebuttal evidence may be offered.
2.14 In any proceeding against a licensee
under the Act instituted by the Commission, or in other appropriate
circumstances, the evidence against such licensee shall be presented by the
Commission's Legal Counsel and complaining witnesses will not be allowed to
conduct any part of the hearing.
2.15 The Commission shall not be bound by the
rules of evidence applicable in a court and it may admit and give probative
value effect to any evidence which possesses such probative value as would
entitle it to be accepted by reasonably prudent men and/or women in the conduct
of their affairs; provided, however, that the Commission shall give effect to
the rules of privilege recognized by law and may exclude incompetent,
irrelevant, immaterial, or repetitious evidence and may make rulings to protect
witnesses from undue harassment or oppression.
2.16 AH evidence, including records and
documents introduced at the hearing, shall be offered and made a part of the
record in a hearing, and no other factual information or evidence shall be
considered in the determination of any cause. Documentary evidence may be
received in the form of copies or excerpts or incorporation by
reference.
2.17 If hearing results
from a complaint filed with the Commission, the complainant will be required to
appear personally and/or by an attorney and to present any and all evidence
against the licensee at the hearing. The complainant and licensee/respondent
may introduce evidence, cross-examine witnesses and examine any document or
other evidence introduced at the hearing, subject to rulings of the Hearing
Officer.
2.18 A final decision
shall include Findings of Facts, Conclusions of Law and Orders of Disposition
separately stated in writing or in the record. A final decision may be rendered
after a majority of the Commissioners have heard the case or reviewed a
transcript of the proceedings. Parties shall be served either personally or by
certified mail with a copy of any decision or order.
2.19 No orders of the Commission shall become
final with respect to any party aggrieved thereby until such party shall have
exhausted or had the opportunity to exhaust his appellate remedies under A.C.A.
§
23-112-101 et
seq.; provided, however, the Commission may make a decision final from the date
of its entry if the Commission determines that the failure to do so would be
detrimental to the public interest or public welfare.
2.20 When the Commission conducts a hearing
on the adoption or revision of any Rule, the Commission may, in its discretion,
require that the views of any interested parties be presented in writing and be
filed with the Executive Director at least fifteen (15) days prior to the
hearing.
2.21 There shall preside
at any Commission hearing a quorum of the members of the Commission or one or
more examiners or referees designated by the Commission.
The presiding officer(s) shall have the following
powers:
(a) To issue
subpoenas.
(b) To administer oaths
and affirmation.
(c) To maintain
order.
(d) To rule on all questions
arising during the proceedings.
(e)
To hold conferences for simplification of the issues and to rule upon
motions.
(f) To recommend findings
of fact, conclusions of law and decisions, and
(g) To generally regulate and guide the
course of the proceedings.
2.22 The Executive Director shall, as and
when directed by the Commission, issue such subpoenas as requested by the
parties involved, or as the Commission may designate, to bring before the
Commission any person to this State to give testimony under oath, and to compel
production of records and documents relative to matters to be investigated, or
considered or heard by the Commission.
2.23
Alternate proceedings:
Prior to proceeding to a formal adjudicative hearing as
provided for in Rule 2, 2.1 to 2.22, the case will be reviewed by an ad
hoc committee to determine whether summary proceedings should be
invoked. Members of the Committee shall be Chair, Executive Director and
Counsel. If the Committee determines that the violation(s), if proved, would
not warrant license suspension, revocation or a fine in an amount greater than
five thousand dollars ($5,000), the Committee may recommend that the complaint
be handled in a summary manner. This decision will be referred to the
Commission for their acceptance or rejection.
If the Commission decides to utilize alternative proceedings,
the Respondent will be notified by mail that the Commission has learned that he
or she has engaged in actions which violate the licensing law and that it is
recommended that under all circumstances the appropriate sanction is a fine of
five thousand dollars ($5,000) or less. This Notice will further inform the
Respondent that he or she has a right to reject the proposed fine and have a
full evidentiary hearing.
The Respondent will be provided with a formal document on which
he or she will admit or deny that he or she had violated the Licensing Law and
accept or reject the proposed penalty. The Respondent will indicate that he or
she understand that he or she has a right to a full evidentiary hearing before
the Commission and he or she elects not to exercise that right.
RULE 3
ADVERTISING
OBJECTIVE:
Rule 3 implements the Legislative intent of the law governing
advertising as stated in the Arkansas Motor Vehicle Commission Act. False and
misleading advertising will be defined and prohibited in a unified effort to
insure truthful and accurate product advertising that will benefit the
consumers and businesses of this State affected by legislation. Certain key
examples of prohibited advertising will be exhibited, but shall not be
construed as an all-inclusive exhibit of prohibited practices. The Commission
has been granted the authority to review all advertising pertaining to new and
used motor vehicles. The Commission will review each advertisement for
misleading and deceptive practices and will govern them accordingly.
(a) Rule 3 establishes standards of practices
which set forth certain basic principles in advertising the sale and lease of
new and used motor vehicles. These standards apply to advertisements both in
the print and electronic media.
(b)
The primary responsibility for truthful and non-deceptive advertising rests
with the advertising dealer. Advertising dealers must be prepared to
substantiate any or all offers made before publication or broadcast, and upon
request, present such substantiation.
(c) Rule 3 does not apply to any radio or
television broadcasting station, or any publisher, printer, distributor or
owner, of any newspaper or magazine, billboard or other advertising medium, or
any owner, operator, agent or employee of any advertising agency or other
business engaged in preparing or disseminating advertising for public
consumption on behalf, of any other person when the advertising is in good
faith and he is without knowledge of its untrue, deceptive or misleading
character.
(d) It shall be the
DEALER'S RESPONSIBILITY to provide a copy of Rule 3 to any advertising agent or
agency or other business engaged in preparing or disseminating advertisements
for the dealer, including outside web page designers or web page design firms;
and each employee assigned to preparing or disseminating advertisements for the
dealer.
(e) Violation of any
Advertising Rule(s) by any licensee shall be considered a prima
facie violation of A.C.A. §
23-112-402(3)
or A.C.A. §
23-112-403(a)(2)(D).
(f) The Commission will monitor and evaluate
each dealer's advertisement regarding its compliance with laws and rules. The
advertising sections activities include, but are not limited to:
(1) Review of advertisements in any
medium.
(2) Review all complaints
as received.
(3) Answer
advertisement inquiries.
(4)
Address advertising violations.
1.
DEFINITIONS:
A.
"Advertisement and or advertising" means any oral,
written, telecommunicated, graphic, pictorial or other statement made in the
course of soliciting business, including without limitation a statement or
representation made in a newspaper, magazine, Internet, or other publication or
contained or appearing in or on a notice, sign, poster, display, circular,
pamphlet, letter, flyer, price tag, window sticker, banner, billboard,
handbill, radio, television, web page, or any other medium.
B. "Bait and switch"
means an alluring but insincere offer to switch consumers from buying the
advertised motor vehicle, in order to sell or lease a different motor vehicle
on terms more advantageous to the advertiser.
C. "Clear and
conspicuous" means that the statement, representation, or term
being used is of such size, color, contrast, audibility and is presented so as
to be readily noticed, understood and non-deceptive. All language and terms,
including abbreviations, shall be used in accordance with their common or
ordinary usage and meaning by the general public.
D. "Dealer discount"
means an amount of reduction or contribution by the dealer to reduce the
selling price of the vehicle from "MSRP".
E. "Dealership
addendum" an equipment list displayed on a window of a motor
vehicle when the dealership installs special features, equipment, parts or
accessories, or charges for service not already compensated by the manufacturer
or distributor for work required to prepare a vehicle for delivery to a
buyer.
F.
"Disclaimer" means those words or phrases used to
provide a clear understanding of an advertised statement, but not used to
contradict or change the meaning of the statement.
G. "Disclosure"
means required information that is clear, conspicuous, and accurate shall be in
the immediate proximity of the year, make and model offered in the
advertisement or stated at a clear and concise level in broadcast
mediums.
H. "Dealer
Service and Handling Fees" means a fee that a dealer may charge in
connection with the sale or lease of a new or used motor vehicle for handling,
processing, and storage of documents and other administrative and clerical
services.
I.
"Incentive" means anything of value offered as an
inducement directly or indirectly towards the purchase of a vehicle, including
but not limited to, discounts, savings claims, and other dealer programs, but
not including factory rebates.
J.
"Limited rebate" means rebates not available to all
consumers and is defined as any payment of money to a consumer, or any payment
to a dealer or third party on behalf of a consumer, and that is confined, or
restricted, to a certain class of consumers, including, but not limited to, on
the basis of the consumer's status, sponsorship, affiliation, or
association.
K. "Line
make" means a group or series of motor vehicles that have the same
brand identification or brand name, based upon the manufacturer's trademark,
trade name or logo.
L.
"List" or "Sticker" price
when used in a new motor vehicle advertisement refers only to the
manufacturer's Suggested Retail Price (Monroney Sticker or "MSRP").
M. "Manufacturer
label" means the label required by the Federal Automobile
Information Disclosure Act, 15 U.S.C. Sections 1231-1233 (normally referred to
as Monroney Label), to be affixed by the manufacturer to the windshield or side
window of each new automobile delivered to a dealer.
N. "MSRP." or
"Manufacturer Suqqested Retail Price," means the "list
price" shown on the window sticker or "Monroney Label" and is the
manufacturer's baseline price for that vehicle. "Dealership addendums" or
"temporary factory value packages" are not a part of "MSRP".
O. "Rebate" means
the payment of money from the manufacturer to a consumer, or payment to a
dealer or third party on behalf of a consumer on the condition that the
consumer purchases or leases a new motor vehicle.
2.
ADVERTISING GUIDELINES FOR SALE OR
LEASE OF NEW AND USED MOTOR VEHICLES:
A.
General advertising
guidelines(1) The advertised price of
a motor vehicle must be the full cash price for which the dealer will sell or
lease the vehicle to any consumer and shall exclude only the following charges:
(a) State, county, local and other applicable
taxes,
(b) License fees,
and
(c) Title fees.
Charges including but not limited to dealer service and
handling fees, freight and transportation fees, and preparation fees must be
included in the advertised price.
(2) The price of a new motor vehicle, when
advertised by a dealer, must be the price that is available to every consumer.
Rebates or incentives that are available to all consumers without qualification
can be deducted from the price. Limited Rebates or incentives that are only
available to select or qualifying consumers shall not be deducted from the
advertised price.
(3) Additionally,
a qualification may not be used when advertising the sales price of a vehicle
such as "with trade", "with acceptable trade", or "with down
payment".
(4) Dealers must clearly
and prominently identify themselves by their dealership name or their DBA name
listed on file with the Commission. Be available to be shipped to the dealer
from the manufacturer or distributor within a reasonable period of
time
(5) Specific motor vehicles,
new or used, or line-make of vehicles advertised for sale or lease shall be in
the possession of the dealer as advertised at the address given at the time the
advertisement is placed or be available to be shipped to the dealer from the
manufacturer or distributor within a reasonable period of time. However, if the
time between the placement and the broadcast of the advertisement to the public
is excessive, the dealer must have a similar line-make new motor vehicle or an
equivalent used motor vehicle to the specific motor vehicle advertised. The
vehicles shall be in condition to be demonstrated, and shall be willingly shown
and sold or leased at the advertised prices and upon the terms
advertised.
(6) Specific claims or
discount offers shall only be used in connection with new or demonstrator
vehicles.
(7) Specific claims or
discount offers must only be used to show the difference between the dealer's
current selling price and the Manufacturer's Suggested Retail Price. The dealer
shall include dealer add-ons identified in the dealership addendum when
advertising the current selling price.
(8) If an advertisement discloses a rebate,
cash back, discount savings claim or other incentive, the full price of the
vehicle (MSRP) must be conspicuously disclosed or stated in the ad as well as
the price of the vehicle after deducting the incentive(s). Rebates cannot be
combined as one.
B.
False or misleading advertising.
(1) Licensee shall not use false or
misleading advertising.
(2) All
advertising shall be in plain language, with disclosures of material facts that
are clear and conspicuous and non-deceptive. By way of example and not
limitation, the following are in violation of this rule:
(a) Direct statements or reasonable
inferences that have the tendency to mislead consumer;
(b) Advertising whose overall impression has
the tendency to mislead consumers;
(c) Disclaimers or disclosures that
contradict, confuse, or unreasonably limit or significantly alter a principal
message of an advertisement;
(d)
The failure to make clear and conspicuous disclosures of limitations,
disclaimers, qualifications, conditions, exclusions or restrictions;
(e) Statements susceptible to both a
misleading and a truthful interpretation; and
(f) Deceptive statements, even though the
true facts are subsequently made known to the consumer.
(g) Using in any advertisement, footnotes,
asterisks, or various superscripted symbols which, confuse, contradict,
materially modify or unreasonably limit the material terms of an
advertisement.
(3) No
advertisement containing an offer to sell or lease a motor vehicle shall be
published when the offer is not a bona fide attempt to sell or lease that
specific advertised motor vehicle. Certain acts or practices that will be
considered in determining if an advertisement is not a bona fide offer to sell
or lease the advertised motor vehicle include:
(a) The refusal to show, demonstrate, sell or
lease the motor vehicle offered in accordance with the terms of the
offer.
(b) The failure to have
available at all outlets listed or stated in the advertisement, the number of
motor vehicles advertised to meet reasonably anticipated demands, unless the
advertisement clearly and adequately discloses that a supply is limited the
merchandise is available only at designated outlets and any other applicable
restrictions, to which the advertised vehicle may be subject.
(4) It is false and misleading to
use, in any advertising, inaccurate photographs or illustrations when
describing specific automobiles. If a vehicle description or photograph is
inaccurate, the dealer must prove to the Commission, that a more acceptable
photograph or description was unavailable.
(5) It shall be false and misleading to
advertise or represent the dealer service and handling fee charge as a required
governmental fee.
C.
Bait and switch advertising.(1)
Licensees shall not use bait and switch advertising.
(2) No act or practice shall be engaged in by
an advertiser to discourage the purchase of the advertised motor vehicle if
such act or practice is part of a bait and switch scheme to sell or lease other
motor vehicles.
(3) Sales or leases
resulting from an advertisement for a motor vehicle do not by themselves rule
out the existence of a bait and switch scheme.
(4) To prevent Bait and Switch Advertising
from occurring, the vehicle(s) advertised must be:
(a) At the advertised location as defined in
Section 2, paragraph A (5);
(b) In
condition to be shown;
(c)
Willingly shown to the consumer;
(d) Willingly shown under the same terms as
advertised, and
(e) Sold at the
same terms as advertised, unless the consumer was unharmed in the
transaction.
D.
Minimum advertising requirements.
The following are minimum requirements needed to meet the clear
and conspicuous standard as described in Section 2(B)(2):
(1) In all printed media, written, typed
and/or graphic advertisements:
(a) Not less
than 8-point type print;
(b) Shall
be displayed and phrased in a manner which is clear and conspicuous.
(2) In broadcast commercials:
(a) Terms, conditions or disclosures shall be
clearly and conspicuously displayed or announced during the
advertisement;
(b) Shall be at a
speed equal to or slower than any other statement, representation or term
contained in the advertisement.
(c)
"See dealer for details/' shall only be used in radio broadcast commercials
provided the advertisements meet the federal truth in lending guidelines as
defined in Section 5(A).
(3) For broadcast graphics or
advertisement(s) in any other audio-visual medium the minimum height of fonts
and display time should:
(a) Appear on the
screen for duration sufficient to allow a viewer to have a reasonable
opportunity to read and understand the statement, representation or term;
and
(b) The broadcast graphics
shall remain on the screen for a minimum display time of;
(i) Three seconds for the first line of text;
and
(ii) One second for each
additional line.
E.
Required disclosures.
(1) Disclosures should only be used in
limited circumstances and must meet the following qualifications:
(a) Must be adjacent to the advertised
vehicle depicted or stated in a clear and conspicuous level in any broadcast
medium.
(b) Asterisks (*) may only
be used to give additional information about a word or phrase.
(2) In any advertisement, the
motor vehicle shall be clearly identified as to year, make, model, and commonly
accepted trade, brand, or style name and the advertisement must clearly define
the vehicle as a new, used, demonstrator, leased, rental, factory off-lease,
loaner, executive/official or factory program vehicle.
(3) When advertising a new motor vehicle, the
use of stock numbers will not preempt the requirements of full
disclosure.
(4) Advertising
conditions involving a change in the monthly payments or graduated payments
must be of the same size in print advertisements and given the same prominence
in all other mediums and shall not be referenced by an asterisk.
3.
MANUFACTURER
ADVERTISING FOR NEW, USED AND/OR LEASED VEHICLES:
A. Manufacturers must comply with Commission
Rule 3 on Advertising.
B. The
suggested retail price of a new motor vehicle when advertised by a manufacturer
or distributor shall include the following:
(1) All charges, except destination charges,
dealer service and handling fees and/or state or local sales taxes.
(2) Such advertising shall state that dealer
service and handling fees, and/or state or local sales taxes are
excluded.
C. It shall be
unlawful for any manufacturer or distributor to advertise, a rebate, refund,
discount or other financial incentive paid by, financed by, or contributed by
the dealer selling the motor vehicle, unless such advertising discloses clearly
and discernibly the following:
"The dealer's contribution may affect the final
negotiated price of the motor vehicle."
4.
PROHIBITED STATEMENTS AND
ADVERTISING TECHNIQUES:
The following statements or advertising techniques are
presumptively false and misleading, and the burden of proving otherwise shall
be on the Advertiser/Licensee.
A.
Statements using abbreviations or shortened terms for words or initials for
groups of words not commonly understood, including but not limited to "FTB,"
"A/R", "TOP," and "POF," must not be used. Commonly understood abbreviations,
including but not limited to "2 DR," "AM/FM," "APR," "WAC," "DEMO," and "EXEC,"
may be used.
B. Statements such as
"write your own deal," "name your own price," pick your monthly payments,"
"appraise your own motor vehicle," or statements with similar meaning are
obviously untrue and shall not be used.
C. No statement or advertisement shall be
worded to imply that because of large sales volume, a dealer is able to
purchase motor vehicles for less than another dealer selling the same linemake
of vehicles.
D. No motor vehicle
advertisement shall contain the following statements or terms "cost," "percent
or dollars over or under cost, invoice, or profit," "profit" or "invoice" "take
over payments", "fleet pricing", "wholesale," "x pricing," "employee pricing",
or terms with similar meaning. However, a dealer may utilize the phrase
"employee pricing or terms with similar meaning" only when the event is a
manufacturer sponsored campaign that is available to all dealers of that
line-make.
E. A used vehicle shall
not be advertised in a manner that creates the impression it is new. Product
nameplates and/or logos of any franchise line-make shall not be used in an
advertisement that is a "used only" vehicle advertisement.
F. The following statements or terms "sale",
"discount", "savings", "price cut", "reduced", "clearance", "tent sale", and
other similar terms, without clearly and conspicuously disclosing that such
"clearance" or other such terms are limited to certain vehicles and/or specific
dates of the sale if it is a limited time offer.
G. Using any advertising statements or terms
such as "Closing Out Sale", "Lost Our Lease Sale", "Forced to Vacate Sale" or
similar terms used to imply a court-ordered closure or to induce a belief that
upon disposal of the stock of goods on hand, the business will cease and be
discontinued at the premises where the sale is conducted, unless such is the
case.
H. Statements such as "sales
tax paid," or terms with similar meaning shall not be used, unless it is truly
paid by the dealer and not financed or added to the price of the
vehicle.
I. Statements or terms
inferring a vehicle has been "repossessed" from an immediate former owner.
Neither shall a dealer advertise that a purchaser will be receiving benefits on
an existing loan on a vehicle when no such benefit exists.
J. Statements such as "big volume buying
power/' "manufacturer's outlet/' "factory authorized outlet," "factory sale",
"factory approved", and "factory wholesale outlet", or terms with similar
meaning shall not be used. Any term or statement that gives the consumer the
impression the dealer has a special arrangement with the manufacturer or
distributor as compared to similarly situated dealers, is misleading and shall
not be used
K. "Double Rebates,"
"Triple Rebates" or any other amount of rebates that are not truly offered by
the manufacturer are prohibited.
L.
The statement "no reasonable offer refused," shall not be used because, what
may be reasonable to the dealership may not be reasonable to the consumer. As a
result, the statement is almost impossible to prove.
M. Terms or phrases that may be unfamiliar to
a consumer must be fully defined in the advertisement.
N. Statements offering a specific trade-in
allowance (i.e., $2500 minimum trade-in"), or a range of amounts for trade-ins
(e.g., "up to $1,000" or "as much as $1,000") including, without limitation,
that the trade-in will be valued at a specific amount or guaranteed minimum
amount.
5.
REQUIRED
DISCLOSURES FOR CREDIT TERM AND LEASE ADVERTISEMENTS:
A.
Closed ended credit term
advertising.(1) The Federal Reserve
System and the Federal Trade Commission are two agencies involved with the
enforcement of Federal Regulation Z. If an advertisement, promoting closed-end
credit sale on a motor vehicle purchase contains any of the following terms:
(a) The amount of the down payment expressed
either as a percentage or dollar amount;
(b) The amount of any payment expressed as a
percentage or dollar amount;
(c)
The number of payments;
(d) The
period of repayment; or
(e) The
amount of any finance charge.
(2) Then the following terms must be
disclosed:
(a) Amount or percentage of down
payment;
(b) Terms of repayment;
and
(c) Annual percentage rate,
using the term or the abbreviation "APR".
B.
Lease advertising.
(1) The word "Lease" or "Smart Buy" must
appear in a prominent position in the advertisement.
(2) Advertising that involves consumer leases
falls under Federal Regulation M. If an advertisement, promoting consumer lease
on motor vehicle contains any of the following terms:
(a) The amount of any payment; or
(b) A statement of any capitalized cost
reduction or other payment required prior to or at consummation or
delivery.
(3) Then the
following terms must be disclosed:
(a) That
the advertised transaction is a lease;
(b) The total amount due prior to or at
consummation or delivery;
(c) The
number, amounts and due dates or periods of scheduled payments;
(d) A statement of whether or not a security
deposit is required; and
(e) A
statement that an extra charge may be imposed at the end of the lease term
where the lessee's liability, if any, is based on the difference between the
residual value of the leased property and its realized value at the end of the
lease term.
C.
Open ended credit terms.
Examples of open-end credit are bank and gas company credit
cards and stores' revolving charge accounts. In open-end credit, the creditor
reasonably expects the customer to make repeated transactions.
The triggering terms for open-ended credit are:
(1) Statement of when the finance charge
begins to accrue, including any "free ride" period, if any.
(2) Statement of either the periodic rate
used to compute the finance charge or the annual percentage rate.
(3) The method of determining the balance on
which a finance charge may be imposed.
(4) The method of determining the finance
charge, including a description of how any finance charge other than the
periodic rate will be determined.
(5) The amount of any charge (other than the
finance charge) that may be imposed as part of the plan.
(6) The fact that the creditor will acquire a
security interest.
The required disclosures are:
(1) Any minimum, fixed, transaction,
activity, or similar charges that could be imposed.
(2) Any periodic rate that may be applied,
expressed as an "annual percentage rate".
(3) If the plan provides for a variable
periodic rate, that fact must be stated.
(4) Any membership or participation fee.
RULE 5
LIMITATIONS OF SALES OF NEW MOTOR VEHICLES
1. A new motor vehicle dealer will be
licensed only after the Arkansas Motor Vehicle Commission is provided with a
signed copy of the contract between the dealer and manufacturer or distributor
which specifies:
(A) The line-make(s) which
may be displayed and offered for sale;
(B) That the dealer's physical facilities
meet or exceed the minimum requirements of the manufacturer or distributor and
meet the requirements of the Arkansas Motor Vehicle Commission ACT, A.C.A
23-112-302(e)
(1) (2).
2. The contract may be in the form of a
franchise agreement, dealer sales and service agreement or letter of intent. A
letter of intent may be used only if:
(A) Upon
execution of a subsequent, final, or amended contract, a copy of the complete
contract is provided to the Arkansas Motor Vehicle Commission within 30 days of
the date the contract is executed.
3. If, after licensing, the terms of the
contract between the dealer and the manufacturer or distributor change, a copy
of the new contract must be provided to the Arkansas Motor Vehicle Commission
within 30 days of the date the contract is executed.
4.
(A)
SPECIALTY VEHICLES are exempt from regulation and licensure by the
Commission. The Arkansas Motor Vehicle Commission Act defines specialty
vehicles and authorizes the Commission to add to by rule, additional vehicles
to the list of specialty vehicles. Pursuant to its authority to define
specialty vehicles in A.C.A. §
23-112-103
the Commission has determined that the following vehicles are specialty
vehicles which are exempt from regulation by the Commission.
(1) Garbage Trucks, Ambulances, Fire Trucks,
Limousines, Hearses, Wheeled Trolleys, Wreckers, and;
(2) Unassembled motor vehicles such as kits
or packaged and sold unassembled.
(a)
"Unassembled" means requiring the ultimate purchaser to assemble the vehicle by
attaching the engine and/or drive train to the frame.
(b) Motor vehicles such as kits or packaged
vehicles assembled prior to sale do not qualify under this Rule as a "Specialty
Vehicle".
(3) Any 2
wheeled motorized vehicles having a top rated speed of 16 mph or
less.
(4) Farm Implements defined
as a vehicle or implement solely usable for the purpose of agriculture or
husbandry and not for the transportation of person(s) or materials from one
point to another. Tractors, combines and other similar limited purpose vehicles
are farm implements.
(5)
Construction Implements defined as a vehicle or implement solely usable for the
purpose of construction and not for the transportation of person(s) or
materials from one point to another. Back Hoes, Bulldozers and other similar
limited purpose vehicles are Construction Implements.
(6) Gas scooters. Electric scooters and
Cycles having a top rated speed of 16 mph or less.
(7) Go-Carts, Dune Buggies, or similar type
vehicles having a 150cc motor or less.
(i) A
12 72 HP engine displacement; or
(ii) A 150cc or less engine
(8) Non-altered golf carts of the
type designed and commonly approved for use on all golf courses;
(a) Having non-aggressive tread tires and
limited purpose capabilities, and;
(b) With a designed use limited to the
transport of persons and equipment, such as golf clubs, used in playing games
of golf.
(9)
Lawnmowers.
(10)
Airplanes.
(11) Trains.
(12) Motorized Skateboards.
(13) Segways and personal transportation
vehicles designed solely for the purpose of transport of mobility impaired
individuals.
(B) All
models and/or types of vehicles are subject to individual review by the
Commission to determine whether or not they qualify under the "Specialty
Vehicle" exemptions of this Rule.
(C)
(1) Any
person(s) possessing new motor vehicles removed from "Specialty Vehicle" status
by an amendment to this Rule, and whose vehicles were exempted from licensure
(90) days prior to the amendment shall, without penalty, have (30) days after
the effective date of the amendment to:
(a)
Obtain a license as a new motor vehicle dealer pursuant to A.C.A. §
23-112-302,
or
(b) Dispose of all affected new
motor vehicles.
RULE 6
LICENSING DEALER LEASING ACTIVITIES
1. A new motor vehicle dealer conducting a
leasing business at a location licensed for the sale of new motor vehicles and
as a part of the same business entity, whether a proprietorship, partnership,
corporation or any other entity, shall not be required to obtain a motor
vehicle lessor's license.
2. A
leasing business conducted as part of a separate business entity or at an
unlicensed location shall be separately licensed as a motor vehicle
lessor.
3. Motor vehicle lessors
licensed by this Commission shall lease vehicles from licensed locations.
RULE 7
OFF-PREMISE SALES, DISPLAYS AND/OR EVENTS
1.
OFF-PREMISE SALES, DISPLAYS AND/OR
EVENTS:A. Are strictly prohibited
except as provided in this rule.
B.
Are permitted after prior written approval is obtained from the Arkansas Motor
Vehicle Commission.
C. May include
used motor vehicles owned by new motor vehicle dealers.
D. A dealer shall obtain an off-premise
permit to offer, and/or sell motor vehicles away from the dealer's licensed
place of business,
E. Shall be
considered a privilege and should not be abused.
F. Sponsor(s) of an Off-Premise Sale, Display
and/or a Manufacturer or Distributor event who violate any portion of this rule
shall be subject to all remedies available pursuant to A.C.A. §
23-112-101 et.
seq. and the rules promulgated thereunder.
G. Off-Premise Sales are limited one per
quarter.
2.
DEFINITIONS USED IN THIS RULE:A.
'"AMVC" means the Arkansas Motor Vehicle
Commission.
B.
"
Contiguous" means counties bordering or sharing a
common border with the host county.
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C.
"Dealer" means a new motor vehicle dealer licensed by
the Arkansas Motor Vehicle Commission.
D. "Dealer
Organization" or "Association" means a
state or local trade association, the membership of which is comprised
predominantly of motor vehicle dealers.
E. "Display" means
vehicles are present. Dealer personnel, sales and solicitations are
prohibited.
F.
"Event" means a show to display vehicles for the
general public to review and inspect a manufacturer's or distributors new motor
vehicles.
G. "Host
County" means the county in which the Off-Premise Sale is
conducted.
H.
"Line-make" is a particular make of vehicles for which
a franchise or contract is held and offered for sale. Examples;
Chevrolet, Harley Davidson, Honda ATV or Fleetwood.
I. "Local dealer"
means a new motor vehicle dealer whose established place of business at which
he is licensed by the Arkansas Motor Vehicle Commission is physically located
in the host county.
J.
"Manufacturer or Distributor Event" means an event
conducted by a Manufacturer or Distributor at a public venue, for attracting
potential Dealers and/or Consumers to its product line.
K. "Model Line" is a
particular model of vehicle within a "Line-make." Examples: Fleetwood is the
Line-make and Model lines are Pace Arrow, Pace Vision, and Southwind. Chevrolet
is the Linemake and Model lines are Silverado, Corvette and Suburban.
L. "Off-Premise
Sale" means a motor vehicle show in which personnel are present
and sales are permitted.
M.
"Public Venue" means when used in conjunction with
"Off-Premises Sale" or "Off-Premises Display" a location, which is open to the
general public whether or not an admission fee is charged and which is not a
new motor vehicle dealership licensed by the AMVC or a used motor vehicle lot
licensed by the Arkansas State Police.
N. "Qualified
dealer" means a new motor vehicle dealer from a contiguous county
who has both a franchise agreement or other contract from a manufacturer or
distributor and a license or temporary permit from the Arkansas Motor Vehicle
Commission to sell any product line-makes in, the host county that he makes
available for sale at an Off-Premise Sale.
O. "Qualified
Manufacturer or Distributor" means a
Manufacturer or Distributor licensed by the Commission for the product line
they wish to promote.
P.
"Reciprocity Agreement" is an agreement between the
State of Arkansas and another state allowing out-of-state dealers to
participate in off-premise sales in Arkansas and allowing Arkansas dealers to
participate in off-premise sales in that state.
Q. "Sponsor" means
the entity conducting the Off-Premise Sale, such as promoter, private business,
trade association or dealer association to promote member products or a
manufacturer or distributor.
R.
"Sufficient representation" means a sufficient number
of dealers selling all line-makes and manufacturers, whether or not those
dealers participate in the Off-Premise Sale.
S. "Temporary
Permit" is a permit or license issued by the Arkansas Motor
Vehicle Commission allowing an out-of-state dealer to participate in an
approved Off-Premise Sale for a period not to exceed seven (7) consecutive
days.
3.
OBTAINING
APPROVAL TO CONDUCT OFF-PREMISE SALES:
A. In order to obtain approval to sponsor an
off-premise sale for new motor vehicle dealers, a sponsor must:
(1) Invite all local new motor vehicle
dealers to participate in the Off-Premise Sale.
(2) Submit the request to conduct an
Off-Premise Sale for approval to the Arkansas Motor Vehicle Commission on the
form provided by the AMVC office at least forty-five (45) days prior to opening
day of the Off-Premise Sale. The forty-five (45) day requirement may be waived
by the Executive Director for good cause shown. Attached to the request form
shall be:
(a) A list of all dealers to whom
invitations have been extended, with the address, telephone and the name of the
contact person.
(b) A list of all
line-makes to be offered at the Off-Premise Sale.
(c) A statement signed by the Sponsor
assuring that adequate space will be made available for all invited
dealers.
(d) A sample notice,
invitation or registration form.
(e) Two (2) tickets to the off-premise sale,
if there is an admission fee.
(f)
If approval is obtained a copy of the approved form from the Commission must be
forwarded to each participant.
B. In order to obtain approval to sponsor an
off-premise sale for used motor vehicles of new motor vehicle dealers or AMVC
licensed branches, a sponsor must:
(1) Invite
all local new motor vehicle dealers or their AMVC licensed branches to
participate in the Off-Premise Sale.
(2) Submit the request to conduct an
Off-Premise Sale for approval to the Arkansas Motor Vehicle Commission on the
form provided by the AMVC office at least forty-five (45) days prior to opening
day of the Off-Premise Sale. The forty-five (45) day requirement may be waived
by the Executive Director for good cause shown. Attached to the request form
shall be:
(a) A list of all new motor vehicle
dealers and/or their AMVC licensed branches to whom invitations have been
extended, with the address, telephone and the name of the contact
person.
(b) A statement signed by
the Sponsor assuring that adequate space will be made available for all invited
new motor vehicle dealers and/or the AMVC licensed branches.
(c) A sample notice, invitation or
registration form.
(d) Two (2)
tickets to the off-premise sale, if there is an admission fee.
(e) If approval is obtained a copy of the
approved form from the Commission must be forwarded to each
participant.
(3) Each
off-premise sale of used motor vehicles conducted by a new motor vehicle dealer
or an AMVC licensed branch, must be advertised under that specific new motor
vehicle dealer's corporate name, the dba name reflected on the AMVC license or
the AMVC licensed branch name reflected on the AMVC license, and all documents
utilized in the sale of a used motor vehicle must be recognizable to the
prospective purchaser as to specific dealer origin.
4.
CONDUCTING OFF-PREMISE
SALES, DISPLAYS AND/OR EVENTS:A. The
Sponsor must conduct the off-premise sale of new and/or used motor vehicles in
compliance with the Arkansas Motor Vehicle Commission ACT, the Rules of the
Arkansas Motor Vehicle Commission and all other applicable laws of the State of
Arkansas.
B. Off-Premise Sales may
not be conducted for more than seven (7) days.
C. A dealer may not utilize Franchised Logo's
of a product line for which the dealer is not licensed by the Arkansas Motor
Vehicle Commission.
D. Franchised
logos or trademarks shall not be used at Off-Premise Sales that are confined to
used vehicles.
5.
PARTICIPATION BY QUALIFIED DEALERS:
A. Qualified dealers may be invited to
participate in an Off-Premise Sale provided that:
(1) The sponsor obtains written approval from
the Executive Director,
(2) A
reciprocity agreement has been executed between the State of Arkansas and the
state in which the contiguous county is located and such agreement is on file
in the Arkansas Motor Vehicle Commission office, and
(3) Qualified dealers must adhere to all
requirements of Rule 7 Off-Premise Sales, Displays and Events.
B. Any qualified out-of-state
dealer shall submit;
(1) An application
provided by the Commission office;
(2) Meet all requirements of Rule 7, Section
2, Paragraph N;
(3) A fee for a
temporary permit must be paid:
(i) For an
out-of-state motor vehicle dealer, one hundred dollars ($100);
(ii) For a manufacturer or distributor, two
hundred fifty dollars ($250);and
(iii) For a factory representative or
distributor representative, fifty dollars ($50.00).
6.
INVITING
QUALIFIED DEALERS FROM CONTIGUOUS COUNTIES SPECIFIC INDUSTRY GUIDELINES:
A. AUTOMOBILE/TRUCK:
(1) If there are no automobile or truck
dealers in the host county, all qualified dealers in contiguous counties must
be invited to participate.
(2) If
there is even one automobile or truck dealer in the host county, no dealers
from outside the host county may be invited to participate.
Examples:
1.
There are no automobile or truck
dealers in the host county. All qualified dealers in contiguous counties shall
be invited to participate.
2.
There is only one dealer, a CMC
Truck dealer, in the host county. No dealers from contiguous counties may be
invited to participate.
B. ALL TERRAIN VEHICLE, MOTORCYCLE, SCOOTER,
ETC.:
(1) Dealers from contiguous counties may
be invited to participate in an Off-Premise Sale provided:
(a) There is no local dealer selling the
manufacturer's product line sold by the dealer in the contiguous
county.
(2) If a sponsor
invites any qualified dealers located in contiguous counties, sponsor shall
invite all qualified dealers located in contiguous counties, except those who
are not eligible to participate because a local dealer sells the same
manufacturers product line.
Examples:
1.
There are three dealers in the host county, Honda, Suzuki and Polaris.
There is no Yamaha dealer, Yamaha dealers from contiguous counties may be
invited to participate in the sale. Qualified dealers in contiguous counties
selling all other manufacturers' product lines, except the lines sold by the
three local dealers, may also be invited to attend.
2.
There are only two dealers in the
host county. They sell Yamaha and Suzuki motorcycles. The Yamaha dealer
participates in the sale, and the Suzuki dealer does not. No Yamaha or Suzuki
dealer in a contiguous county may be invited to participate in the
sale.
3.
Sponsor
may choose to limit the sale to certain types or a combination of types of
vehicles.
C. RECREATIONAL VEHICLE:
(1) If there are no local dealers who sell a
certain manufacturer's model line products, qualified dealers in contiguous
counties who sell that manufacturer's model line products may be invited to
attend.
(2) If a sponsor invites
any qualified dealers located in contiguous counties, sponsor shall invite all
qualified dealers located in contiguous counties, except those who are not
eligible to participate because a local dealer sells the same manufacturer's
model line product.
(3) A statewide
show may be held if the following conditions are met:
(a) The sponsor must obtain signed favorable
sanction from a majority of licensed RV dealers in the state.
(b) Manufacturer model lines represented in
the host county may not be sold or displayed without prior written approval
from the host county dealer(s).
Examples:
1.
There is a Fleetwood dealer in the
host county who has a franchise agreement and license for Southwind and Pace
Arrow model lines. No Fleetwood dealers from contiguous counties with the same
model lines may be invited to participate in the sale, whether the local
Fleetwood dealer participates or not.
2.
There are Fleetwood and Thor
dealers in the host county. The Thor dealer participates in the sale, and the
Fleetwood dealer does not. No Fleetwood or Thor dealer In a contiguous county
may be invited to participate in the sale with the same model line as host
county dealer, unless written approval is received from the host county
dealer.
7.
DISPLAYS:
Dealers may display new motor vehicles at locations other than
that for which a license is held, provided:
A. Commission approval has been granted,
and
B. Display Request Form is on
file at the Commission office, and
C. Dealer personnel shall not be present,
and
D. Sales and solicitations are
prohibited, and
E. Displays are
within dealer's relevant market area as defined in franchise agreement or sales
and service agreement on file in the Commission office or as defined by
A,C.A.§
23-112-103
et seq., whichever is greater, and
F. Vehicles are the line-make or model line
for which license is held.
8.
EXCEPTIONS FOR NEW AUTOMOBILES AND
TRUCK SALES AND/OR DISPLAYS, AND USED VEHICLE SALES
A.
NEW & USED VEHICLE
DISPLAYS: A new motor vehicle dealer licensed by the Commission may
display not more than five (5) new vehicles per franchise held without
obtaining prior written approval from the Commission as long as the display is
at a public venue and within the licensed dealer's relevant market area and no
sales or management personnel present, nor sales solicitations made.
B.
USED VEHICLE SALES: A new
motor vehicle dealer licensed by the Commission may conduct off-premise sales
of used motor vehicles, without obtaining prior written approval from the
Commission as long as the sale location is at a public venue within the
geographical limits of the licensed dealer's relevant market area and no new
vehicles are displayed or offered for sale.
C.
SPONSORED SALES: of new or
used automobiles or trucks by a regional dealer association representing no
more than two contiguous counties may request a variance from the Commission to
allow dealers from outside the host county to be invited and participate in the
off-premise sale and/or event. Any dealer in the host county has the right to
enforce its franchise agreement and refuse to allow a dealer carrying the same
franchise line to be invited or to participate in the off-premise sale and/or
event. In order to obtain approval for this exception, the following
qualifications must be met:
(i) The request
must be sent to the Commission 45-days prior to the opening day of the event.
The 45-day requirement may be waived by the Executive Director for good cause
shown.
(ii) The sale and/or event
sponsor must invite all new automobile or truck dealers in the two contiguous
counties. A majority of dealers from both counties must agree to the sponsored
sale occurring in the two county region, and proof must be provided to the
Commission of this agreement.
(iii)
The following must be provided to the Commission 45 days prior to the opening
day of the event:
(a) A list of all new motor
vehicle dealers to whom invitations have been extended, with the address,
telephone and the name of the contact person.
(b) A statement signed by the Sponsor
assuring that adequate space will be made available for all invited new motor
vehicle dealers and/or the AMVC licensed branches.
(c) A sample notice, invitation or
registration form.
(d) Two (2)
tickets to the off-premise sale, if there is an admission fee.
(e) If approval is obtained a copy of the
approved form from the Commission must be forwarded to each
participant.
D.
PROMOTIONS OR CONTESTS:
A person or entity who promotes a dealers product to be used in
promotions or contest shall:
1. Use
dealerships products in promotions as a means of attracting attention or
participation in a promoter's event.
2. Identify the dealer only by means of
notation in all promotions and advertisements, by stating, "vehicle provided
courtesy of (name of dealership)" or similar language.
3. Ensure the promoter's notation identifying
the dealership is the smallest print in the promotional or advertisement
material.
4. Ensure the dealer
providing the vehicle remove all dealer-identifying items.
5. Ensure all federal and state required
information be left on the vehicle.
6. Ensure no dealer personnel are present
during the promotion or contest.
9.
MANUFACTURER OR DISTRIBUTOR
EVENT(S):
1. Events may be conducted
by a Qualified Manufacturer or Distributor provided the following
qualifications are met:
(i) The event is held
at a public venue.
(ii) If the
event promotes any dealer of its Franchise line at the event, the Manufacturer
or Distributor shall promote all of its Franchise Dealers licensed by the
Commission.
(iii) The requesting
Manufacturer or Distributor has not had its event privileges suspended or
revoked by the Arkansas Motor Vehicle Commission or the Executive Director,
A. In order to obtain approval for a
Manufacturer or Distributor Event the Manufacturer or Distributor must:
1. Submit the request to conduct any
Manufacturer or Distributor Event for approval to the Arkansas Motor Vehicle
Commission on the form provided by the AMVC office at least forty-five (45)
days prior to opening day of the Event. The forty-five (45) day requirement may
be waived by the Executive Director for good cause shown. Attached to the
request form shall be:
(a) A list of all
dealers the Manufacturer or Distributor will be promoting.
(b) A sample notice, invitation or
registration form.
(c) Two (2)
tickets to the Event, if there is an admission fee. A letter of admittance is
allowed as well, although Commission representatives may attend at any time
with or without admission.
(d) If
approval is obtained a copy of the approved form from the Commission must be
forwarded to each participant.
1. Events may
be held in conjunction with an approved Off-Premise Sale, provided:
(i) The Off-Premise Sale is conducted in
accordance with this Rule.
(ii) No
Off-Premise Sale, held in conjunction with a Manufacturer or Distributor Event,
may be exclusive to the Manufacturer's or Distributor's Franchise
Dealers.
(iii) The Manufacturer or
Distributor does not sell, advertise for sale, or offer for sale any motor
vehicle to a consumer.
2.
Any person or entity found to be in violation of this subsection shall be
subject to all remedies available pursuant to A.C.A. §
23-112-101 et.
seq. and the rules promulgated
thereunder.
10.
MANUFACTURER ALLOWED NEW
MOTOR VEHICLE DISPLAYS:A. If the
purpose of the show is to display vehicles for the general public to review and
inspect a manufacturer's or a distributor's new motor vehicle(s), whether or
not a Commission license is held by the entity, and the display is held at a
public location in conjunction with a sponsored Off-Premise Sale, the following
guidelines must be met in order for permission to be given:
1. Submit the request to conduct an
Off-Premise Sale for approval to the Arkansas Motor Vehicle Commission on the
form provided by the AMVC office at least forty-five (45) days prior to opening
day of the Off-Premise Sale. The forty-five (45) day requirement may be waived
by the Executive Director for good cause shown. Attached to the request form
shall be:
(a) The location and date(s) of the
Off-Premise Sale.
(b) A statement
that the vehicle(s) will belong to the manufacturer.
(c) A statement that there will be no signs
or written reference in the event area identifying any dealers.
(d) A statement that no sales activity will
take place.
2. A
manufacturer may display its vehicles at its manufacturing plants without
requesting permission from the Arkansas Motor Vehicle Commission to hold such
an event. However, a manufacturer cannot have a new motor vehicle display of
vehicles assigned to area dealers at its plants or facilities.
3. Permission will be granted in the form of
a letter. The sponsor of the Off-Premise Sale is required to provide a copy of
the Off-Premise Sale Request form to all participants.
4. Manufacturer or Distributor personnel may
be present.
11.
CANCELLATION, SUSPENSION OR TERMINATION OF OFF-PREMISE SALE AND/OR
DISPLAY GROUNDS:
A. The Executive
Director of the Arkansas Motor Vehicle Commission may suspend, cancel, or
terminate an Off-Premise Sale, Off-Premise Display, Manufacturer or Distributor
Display or Event. The Executive Director may also issue an immediate
termination order of an Off-Premise Sale, Off-Premise Display, Manufacturer or
Distributor Display or Event, if the Executive Director determines that the
licensee or sponsor:
1. Has made a material
misrepresentation or misstatement in the licensee's or sponsor's request for an
off-premise sale or display approval.
2. Has used or is using any false advertising
as defined by Rule 3 Advertising.
3. Has violated or is violating a law of this
state or a rule adopted by the Commission pursuant to law.
4. Is conducting an Off-Premise Sale,
Off-Premise Display, Manufacturer or Distributor Display or Event without
permission.
5. Is conducting
business in Arkansas without a license as required in A.C.A. §
23-112-301.
B. If the director determines that the
licensee or sponsor has failed to obtain an off-Premise sale or display permit,
or has failed to comply with the cancellation, suspension or termination, the
director may suspend the privilege of obtaining subsequent off-premise sale and
display permits for a period of one year from the date of suspension.
1. Any person or licensee refusing to obey
the order shall be in violation of this Rule.
2. Any person violating this section shall be
subject to any and all remedies available pursuant to A.C.A. §
23-112-101 et.
seq. and rules promulgated thereunder.
RULE 8
DEALER SERVICE AND HANDLING FEES
(A) Pursuant to Ark. Code Ann. §
23-112-317(c)
(1) the Commission shall determine the amount
of the Dealer Service or Handling Fee, and that fee shall be no less than zero
($0) dollars and no more than one hundred twenty nine dollars
($129.00).
(B) The amount that an
Arkansas dealer may charge for Dealer Service and Handling Fees, allowed by
A.C.A. §
23-112-317(d)
is not to exceed $129.00. The fee, if charged, must be charged uniformly to all
retail customers.
(C) In no
instances shall the allowed fee, as mentioned above, be disclosed to the
purchaser, represented verbally, or represented in any manner or medium, as
being mandated by any other entity other than the dealership charging the
fee.
(D)
(1) If a Dealer Service and Handling Fee, is
charged the motor vehicle dealer must follow the procedures for disclosure set
out in the subsection (c) when charging any consumer a Dealer Service and
Handling Fee, as provided for in this section.
(2) The motor vehicle dealer must disclose,
to any consumer, the following information in written form:
(a) The amount of the fee; and
(b) Notice in type that is bold-face,
capitalized, or underlined or otherwise conspicuously set out from the
surrounding written material as listed in section (C) of this rule.
(E)
(a) If a Dealer Service and Handling fee is
charged, the dealer shall prominently display a poster or sign measuring at
least 8" x 10" in the finance and insurance office or in any area sales
document processes are conducted.
(b) The poster or sign shall include the
following information:
(i) The dealership
charges a Dealer Service or Handling Fee;
(ii) The amount of the fee;
(iii) The required notice as stated in A.C.A.
§
23-112-317(c)(2).
(c) The required notice shall be in a common
font (Times Roman or Arial) and at least 55 point size. The portion of the
notice which includes the statute A.C.A. §
23-112-317(c)(2)
shall be in a common font (Times Roman or Arial) and at least 24 point size.
The full area of the poster or sign must be utilized. An example is provided by
the Commission at
www.amvc.arkansas.gov or upon
request.
RULE 9
DELIVERY PRIOR TO SALE/SPOT DELIVERY
1. Disclosures in the following language, in
order and sequence, must be used in all agreements for delivery prior to sale
of any motor vehicle unless excluded by these rules:
AGREEMENT FOR DELIVERY PRIOR TO SALE
These disclosures are required by A.C.A. §
23-112-316,
and will be incorporated into your contract for sale to purchase a motor
vehicle.
A.
IMPORTANT
NOTICE: The papers you are signing as part of this motor vehicle sale
are legal documents. You should read them carefully and if there is anything
you do not understand, you should seek legal assistance. This agreement is not
a contract for sale.
______Buyers Initials
B.
WARNING: Only the terms and
conditions written into these documents are part of the contract for sale. Be
sure that any oral representations are also written into these documents;
otherwise they cannot be enforced.
C. This vehicle will be delivered to you
prior to the approval of financing by a financial institution and prior to the
execution of the contract for sale. I further understand the final contract for
sale will include the following terms: the financed amount of
$__________________at a finance rate not to exceed_______%
for_____________months or a cash amount of $___________________.
* If financing cannot be acquired at the agreed upon rate
listed above, you have the right to cancel the purchase.
* If the terms are changed by the dealer you have the right to
cancel the purchase.
* If the purchase is canceled for the above stated reasons,
your vehicle trade in and/or your deposit must be returned to you.
* No charge or penalty can be assessed to you for canceling the
purchase.
* You must return the vehicle to the dealer within 48 hours
after you cancel the purchase, or it may be recovered by the dealer without
judicial process.
* You are responsible for any damages that may occur while the
vehicle is in your possession.
* Proof of insurance is required.
D. Unless the consumer is approved for
financing and both parties have executed a contract for sale, then the dealer
shall not:
* Deposit or cash any down payment
* Sell any motor vehicle trade in.
E. Any fraud or misrepresentation in a motor
vehicle sale is punishable under Arkansas Motor Vehicle Commission Law. You may
contact the Arkansas Motor Vehicle Commission at:
Arkansas Motor Vehicle Commission
101 East Capitol, Suite 204
Little Rock, AR 72201
Phone: (501) 682-1428 Fax: (501) 682-5573
Website: www.amvc.arkansas.qov or E-mail
angie.stoffer@arkansas.gov
I hereby certify that I received a I hereby certify that I have
copy of this disclosure, given the buyer a copy of this disclosure.
______________ ______________________
Buyer's Signature Dealer or Agent Signature
2. The language which appears in
paragraphs A, B, C, D and E of the required disclosures above must appear in 12
point bold face type or a size.
3.
A copy of all disclosures must be given to the purchaser when the agreement is
completed.