Section 460. Legislative findings  


Latest version.
  • The legislature finds and declares that
      the distribution and sale of motor vehicles within  this  state  vitally
      affects the general economy of the state and the public interest and the
      public welfare, and that in order to promote the public interest and the
      public  welfare and in the exercise of its police power, it is necessary
      to regulate motor vehicle manufacturers,  distributors  and  factory  or
      distributor  representatives  and  to regulate dealers of motor vehicles
      doing business in this state in order to prevent frauds, impositions and
      other  abuses  upon  its  citizens  and  to  protect  and  preserve  the
      investments and properties of the citizens of this state.