Section 56:10-27 - Sales through franchises only.

NJ Rev Stat § 56:10-27 (2019) (N/A)
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56:10-27 Sales through franchises only.

2. Except as provided pursuant to section 6 of P.L.2015, c.24 (C.56:10-27.1), it shall be a violation of this act for any motor vehicle franchisor, directly or indirectly, through any officer, agent, employee, broker or any shareholder of the franchisor, except a shareholder of 1% or less of the outstanding shares of any class of securities of a franchisor which is a publicly traded corporation, or other person, to offer to sell or sell motor vehicles, to a consumer, other than an employee of the franchisor, except through a motor vehicle franchisee.

L.1985, c.361, s.2; amended 2015, c.24, s.4.