Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.25. MOTOR VEHICLE TRANSACTIONS. |
Article 45.25.03. MANUFACTURER AND DISTRIBUTOR PRACTICES. |
Section 45.25.320. Time limits on claim audits, claim denials, claim reductions, and charge backs.
Latest version.
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(a) A manufacturer or distributor may not audit a claim, deny a claim, reduce the amount of a claim to be reimbursed to a new motor vehicle dealer, or charge back a portion of the claim to a new motor vehicle dealer if 18 or more months have passed since the new motor vehicle dealer submitted the claim or if 18 or more months have passed from the end of a manufacturer-sponsored incentive program related to the claim, whichever 18-month period ends later.
(b) The time restriction in (a) of this section does not apply if the manufacturer reasonably suspects that fraud is involved in the claim.
(c) In this section, "claim" means a claim made by a new motor vehicle dealer for compensation by the manufacturer or distributor for sales incentives, warranty repairs, and service incentives.
Notes
Recent Bills that will modify this
HB 318 MOTOR VEHICLE DEALER FRANCHISES
History
(Sec. 9 ch 79 SLA 2002)