No. SB 352
Filed under Transportation.
Common Entities of Motor Vehicle Distributors and Manufacturers; Revising the definition of the term “common entity”, etc.
Plain English Summary
AI-GENERATEDAn existing exception in the 'common entity' definition, previously limited to entities related to a distributor, now also covers entities related to a manufacturer, if the same licensing and ownership conditions are met.
A new, separate path lets a U.S.-incorporated manufacturer avoid common-entity status if it only builds or assembles vehicles for a line-make with no franchised dealers anywhere in Florida.
AIAn entity incorporated in the United States that solely manufactures or assembles vehicles for a line-make with no franchised dealers in Florida is not considered a common entity of a manufacturer, regardless of any distributor relationship.
AIThe exception that already let a qualifying entity avoid being treated as a common entity of a distributor now also applies so a qualifying entity is not considered a common entity of a manufacturer.