TITLE 49

MOTOR VEHICLES

CHAPTER 24

MISCELLANEOUS

49-2404.  Practices of manufacturer or distributor lessening or eliminating competition prohibited. It shall be unlawful for any person who is engaged, directly or indirectly in the manufacture or wholesale distribution only of motor vehicles, whether patented or unpatented, to pay or give, or contract to pay or give any thing or service of value to any person who is engaged in the business of financing the purchase or sale of motor vehicles, or of buying conditional sales contracts, chattel mortgages or leases on motor vehicles sold at retail within this state, if the effect of the payment or the giving of a thing or service of value may be to lessen or eliminate competition, or tend to create or create a monopoly in the person or class of persons who receive or accept such thing or service of value.

History:

[49-2404, added 1988, ch. 265, sec. 470, p. 822.]