§ 46.2-1992.68. Coercion of retail dealer by manufacturer or distributor withrespect to retail installment sales contracts prohibited.
A. It shall be unlawful for any manufacturer or distributor, or any officer,agent, or representative of either, to coerce or attempt to coerce any retailtrailer dealer or prospective retail trailer dealer in the Commonwealth tosell, assign, or transfer any retail installment sales contract obtained bythe dealer in connection with the sale by him in the Commonwealth of trailersmanufactured or sold by the manufacturer or distributor, to a specifiedfinance company or class of finance companies or to any other specifiedpersons by any of the following:
1. Any statement, suggestion, promise, or threat that the manufacturer ordistributor will in any manner benefit or injure the dealer, whether thestatement, suggestion, threat, or promise is expressed or implied or madedirectly or indirectly.
2. Any act that will benefit or injure the dealer.
3. Any contract, or any expressed or implied offer of contract, made directlyor indirectly to the dealer, for handling the trailer on the condition thatthe dealer sell, assign, or transfer his retail installment sales contract onthe trailer, in the Commonwealth, to a specified finance company or class offinance companies or to any other specified person.
4. Any expressed or implied statement or representation made directly orindirectly that the dealer is under any obligation whatsoever to sell,assign, or transfer any of his retail sales contracts in the Commonwealth ontrailers manufactured or sold by the manufacturer or distributor to a financecompany, or class of finance companies, or other specified person, because ofany relationship or affiliation between the manufacturer or distributor andthe finance company or companies or the specified person or persons.
B. Any such statements, threats, promises, acts, contracts, or offers ofcontracts, when their effect may be to lessen or eliminate competition ortend to create a monopoly, are declared unfair trade practices and unfairmethods of competition and are prohibited.
C. Any person violating any of the provisions of this article shall be guiltyof a Class 1 misdemeanor.
§ 46.2-1992.68. Coercion of retail dealer by manufacturer or distributor withrespect to retail installment sales contracts prohibited.
A. It shall be unlawful for any manufacturer or distributor, or any officer,agent, or representative of either, to coerce or attempt to coerce any retailtrailer dealer or prospective retail trailer dealer in the Commonwealth tosell, assign, or transfer any retail installment sales contract obtained bythe dealer in connection with the sale by him in the Commonwealth of trailersmanufactured or sold by the manufacturer or distributor, to a specifiedfinance company or class of finance companies or to any other specifiedpersons by any of the following:
1. Any statement, suggestion, promise, or threat that the manufacturer ordistributor will in any manner benefit or injure the dealer, whether thestatement, suggestion, threat, or promise is expressed or implied or madedirectly or indirectly.
2. Any act that will benefit or injure the dealer.
3. Any contract, or any expressed or implied offer of contract, made directlyor indirectly to the dealer, for handling the trailer on the condition thatthe dealer sell, assign, or transfer his retail installment sales contract onthe trailer, in the Commonwealth, to a specified finance company or class offinance companies or to any other specified person.
4. Any expressed or implied statement or representation made directly orindirectly that the dealer is under any obligation whatsoever to sell,assign, or transfer any of his retail sales contracts in the Commonwealth ontrailers manufactured or sold by the manufacturer or distributor to a financecompany, or class of finance companies, or other specified person, because ofany relationship or affiliation between the manufacturer or distributor andthe finance company or companies or the specified person or persons.
B. Any such statements, threats, promises, acts, contracts, or offers ofcontracts, when their effect may be to lessen or eliminate competition ortend to create a monopoly, are declared unfair trade practices and unfairmethods of competition and are prohibited.
C. Any person violating any of the provisions of this article shall be guiltyof a Class 1 misdemeanor.
§ 46.2-1992.68. Coercion of retail dealer by manufacturer or distributor withrespect to retail installment sales contracts prohibited.
A. It shall be unlawful for any manufacturer or distributor, or any officer,agent, or representative of either, to coerce or attempt to coerce any retailtrailer dealer or prospective retail trailer dealer in the Commonwealth tosell, assign, or transfer any retail installment sales contract obtained bythe dealer in connection with the sale by him in the Commonwealth of trailersmanufactured or sold by the manufacturer or distributor, to a specifiedfinance company or class of finance companies or to any other specifiedpersons by any of the following:
1. Any statement, suggestion, promise, or threat that the manufacturer ordistributor will in any manner benefit or injure the dealer, whether thestatement, suggestion, threat, or promise is expressed or implied or madedirectly or indirectly.
2. Any act that will benefit or injure the dealer.
3. Any contract, or any expressed or implied offer of contract, made directlyor indirectly to the dealer, for handling the trailer on the condition thatthe dealer sell, assign, or transfer his retail installment sales contract onthe trailer, in the Commonwealth, to a specified finance company or class offinance companies or to any other specified person.
4. Any expressed or implied statement or representation made directly orindirectly that the dealer is under any obligation whatsoever to sell,assign, or transfer any of his retail sales contracts in the Commonwealth ontrailers manufactured or sold by the manufacturer or distributor to a financecompany, or class of finance companies, or other specified person, because ofany relationship or affiliation between the manufacturer or distributor andthe finance company or companies or the specified person or persons.
B. Any such statements, threats, promises, acts, contracts, or offers ofcontracts, when their effect may be to lessen or eliminate competition ortend to create a monopoly, are declared unfair trade practices and unfairmethods of competition and are prohibited.
C. Any person violating any of the provisions of this article shall be guiltyof a Class 1 misdemeanor.
