280 R.I. Code R. 280-RICR-30-20-1.2

Current through December 26, 2024

Section 280-RICR-30-20-1.2 - Purpose

A. These Rules and Regulations are promulgated in order to protect the interest of the public when dealing with motor vehicle dealers in Rhode Island. Any violation of these provisions may result in:

1. revocation of a dealer's license or

2. suspension of a dealer's license or

3. suspension or loss of dealer's registration plates or

4. full restitution of any money and/or motor vehicle repairs and parts suffered by a purchaser as a result of an unconscionable practice or illegal transaction as may be determined by the Department of Revenue; and/or

5. a fine imposed in accordance with R.I. Gen. Laws §§ 31-5-14(a) and (c), as amended.

B. The purpose of these Rules is to implement the provisions of R.I. Gen. Laws Chapters 31-5 and 31-5.1 regarding the issuance, suspension and/or revocation of dealers', manufacturers' and rental licenses as well as the regulation of business practices among businesses seeking or holding those licenses. Furthermore, these Rules are implemented to regulate business practices between dealers, manufacturers and distributors.

280 R.I. Code R. 280-RICR-30-20-1.2

Adopted effective 1/6/2019
Amended effective 1/19/2020