New Jersey legislation · 2026-2027 Regular Session
New Jersey A4050: Motor vehicle dealer licenses, new-concerns facilities used
Status: Signed into law, July 30, 2026
Concerns facilities used by applicants for new motor vehicle dealer licenses.*
What the bill says
An Act concerning new motor vehicle dealer licenses and amending R.S.39:10-2 and R.S.39:10-19. Jersey: 1. R.S.39:10-2 is amended to read as follows: 39:10-2. As used in this chapter unless other meaning is clearly apparent from the language or context, or unless inconsistent with the manifest intention of the Legislature: "Authorized signatory" means a dealer or leasing dealer and any employee, officer, director, partner, or other holder of an ownership interest in the licensed business authorized to execute documents on behalf of the dealer or leasing dealer, but shall not include any attorne.
From the chaptered text, July 30, 2026:
An Act concerning new motor vehicle dealer licenses and amending R.S.39:10-2 and R.S.39:10-19. Jersey: 1. R.S.39:10-2 is amended to read as follows: 39:10-2. As used in this chapter unless other meaning is clearly apparent from the language or context, or unless inconsistent with the manifest intention of the Legislature: "Authorized signatory" means a dealer or leasing dealer and any employee, officer, director, partner, or other holder of an ownership interest in the licensed business authorized to execute documents on behalf of the dealer or leasing dealer, but shall not include any attorney-in-fact who is not an employee, officer, director, partner, or holder of an ownership interest. "New motor vehicle" means only a newly manufactured motor vehicle, except a nonconventional type motor vehicle, and includes all such vehicles propelled otherwise than by muscular power, and motorcycles, motorized bicycles, trailers and tractors, and manufactured homes not subject to real property taxation pursuant to P.L.1983, c.400 (C.54:4-1.2 et [seq.] [ADDED: al.] ), excepting such vehicles as run only upon rails or tracks and manufactured homes subject to real property taxation. "Used motor vehicle" means every motor vehicle and motorized bicycle, except a nonconventional type motor vehicle, title to, or possession of, which has been transferred from the person who first acquired it from the manufacturer or dealer, and so used as to become …