La. Admin. Code tit. 46 § V-739
Current through Register Vol. 50, No. 11, November 20, 2024
Section V-739 - Manufacturer and Distributor RebatesA. It is unlawful for a manufacturer or distributor to advertise any offer of a rebate, refund, discount, or other financial inducement or incentive, which is either payable to or for the benefit of the purchaser or which reduces the amount to be paid for the vehicle, whether the amount is the vehicle purchase price, the interest or finance charge expense, or any other cost accruing to the purchaser if any portion of such rebate, refund, discount, or other financial incentive or inducement is paid or financed or in any manner contributed to by the dealer selling the vehicle, unless the advertisement discloses that the dealer's contribution may affect the final negotiated price of the vehicle. With respect to interest or finance charge expense programs, an advertisement shall disclose that participating dealers contribute to the reduction of the financing rate and that the dealer's contribution may affect the final negotiated price of the vehicle.La. Admin. Code tit. 46, § V-739
Promulgated by the Office of the Governor, Motor Vehicle Commission, LR 34:78 (January 2008).AUTHORITY NOTE: Promulgated in accordance with R.S. 32:1253.E.