05 LC 29
1901
House
Bill 879
By:
Representatives Oliver of the
83rd,
Hugley of the
133rd,
and Stephenson of the
92nd
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Part 2 of Article 15 of Chapter 1 of Title 10 of the Official Code of
Georgia Annotated, known as the "Fair Business Practices Act of 1975," so as to
place conditions and limitations on spot deliveries; to define the term "spot
delivery"; to provide for remedies under certain conditions; to provide for
related matters; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Part
2 of Article 15 of Chapter 1 of Title 10 of the Official Code of Georgia
Annotated, known as the "Fair Business Practices Act of 1975," is amended by
adding following Code Section 10-1-393.7, relating to solicitation during final
illness and penalty, a new Code Section 10-1-393.8 to read as
follows:
"10-1-393.8.
(a)
For purposes of this Code section, the term 'spot delivery' means the placement
of a motor vehicle with the purchaser or lessee while the final sale or lease is
pending or subject to rescission because the credit transaction has not been
approved or assigned to a financial institution.
(b)
If a purchaser or lessee takes possession of a motor vehicle that is the subject
of a spot delivery, such delivery shall be subject to the following written
conditions:
(1)
That if the sale or lease is not concluded by the financing of the sale or lease
to the purchaser or lessee within 30 days of the delivery, the sale or lease
contract shall be null and void;
(2)
That any motor vehicle being offered for trade-in by the purchaser or lessee
shall not be sold by the motor vehicle dealer until the conditional sale or
lease is complete and that any payment due or that becomes due while the
trade-in vehicle is in the hands of the dealership shall be the sole
responsibility of the prospective purchaser or lessee;
(3)
That any motor vehicle being offered for trade-in by the purchaser or lessee
shall not be repaired or serviced by the motor vehicle dealer until the
conditional sale or lease is complete;
(4)
That the prospective purchaser or lessee may be required to obtain insurance,
including liability insurance, for any damages to the vehicle occurring during
the prospective
purchaseŕs
or
lesseés
custody of the vehicle;
(5)
That the charge to the purchaser or lessee, should the sale or lease not be
completed, shall be limited to a maximum charge of $5.00 per day including, but
not limited to, mileage charges and that the purchaser or lessee may be charged
for unreasonable wear and tear of the vehicle while it is in the prospective
purchaseŕs
or
lesseés
custody;
(6)
That if the conditional sale is not completed, the motor vehicle dealer shall
refund to the purchaser or lessee all sums placed with the dealership as a
deposit or for any other purpose associated with the attempted sale or lease of
the vehicle less any amounts charged pursuant to paragraph (5) of this
subsection and return the trade-in vehicle, if any; and
(7)
That the prospective purchaser or lessee shall return the vehicle to the
dealership within 48 hours of receipt of notification from the dealer that the
conditional sale or lease will not be completed.
(c)
For violations of this Code section, subsection (c) of Code Section 10-1-399
shall not
apply."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.
