Relating to commerce

ARTICLE 1 - OUTDOOR SPORT EQUIPMENT FRANCHISES

Regulating franchise agreements between outdoor sport equipment dealers and manufacturers; defining certain terms; requiring good cause by manufacturer to terminate, cancel, fail to renew or substantially change the competitive circumstances of a dealership agreement; specifying notice and obligation to repurchase requirements, providing for payment of repair parts; specifying payment and interest requirements, providing for dealer notice of intent to return and manufacturer inspection of the equipment and specifying certain payment or credit requirements; providing for manufacturer repurchase of the equipment upon the death of the dealer; specifying certain manufacturer violations and regulating warranty claims; voiding inconsistent agreements; providing for certain remedies and for applicability of the provisions

ARTICLE 2 - OUTDOOR SPORT EQUIPMENT TITLING REQUIREMENTS

Specifying outdoor sport equipment titling requirements; defining certain terms; requiring certain outdoor sport equipment used on the waters or the lands to have a certificate of title; exempting certain outdoor sport equipment; providing for voluntary titling of navigation equipment; requiring a manufacturers or importers certificate before receiving the legal title; requiring a title prior to the purchase of an outdoor sport equipment license; specifying application and issuance procedures for the certificate of title, specifying title contents; providing certificate of title issuance without absolute proof of ownership of the equipment; requiring the commissioner to maintain records of certificates of title; specifying grounds for refusal to issue the certificate of title; requiring dealers to obtain certificate of origin from manufacturer or importer, specifying certificate of origin contents requirements; requiring new title application prior to sale of new or used sport equipment, providing for foreign registration procedures; specifying procedures for transfer by owner; providing for temporary use permits; providing for issuance of duplicate certificate under certain conditions; providing for suspension or revocation of a certificate under certain conditions; specifying the responsibilities of the commissioner relating to outdoor sport equipment titling requirements; prescribing certain penalties; specifying title fees; providing for security interests; providing for owner created security interest; providing for satisfaction of security interest; providing for lien attachment; specifying duties of peace officers, the commissioner and the owner upon report of stolen outdoor sport equipment; repealing watercraft tilting provisions
(rt)