An Act To Amend The Law Governing Watercraft Franchisor Warranty Reimbursements
Maine updates watercraft franchisor warranty reimbursements to clarify payments between brands and dealers; enacted as an emergency measure, effective immediately.
Maine updates watercraft franchisor warranty reimbursements to clarify payments between brands and dealers; enacted as an emergency measure, effective immediately.
Title: An Act To Amend the Law Governing Watercraft Franchisor Warranty Reimbursements
Status: Signed by Governor (emergency measure) — became law 2025-06-12
Introduced: March 25, 2025
Committee: Housing and Economic Development
Subject area: Business practices, sales, warranties
LD 1296 is intended to revise Maine’s statutes that govern how franchisors reimburse dealers (franchisees) for warranty work performed on watercraft. The bill updates the legal framework for warranty reimbursement in the watercraft dealer/franchisor relationship to clarify rights, obligations, and procedures related to warranty claims and payments.
Because the actual statutory language is not in the supplied documents, specific clause-level changes (for example, any alterations to reimbursement rates, required documentation, timeframes for payment, dispute-resolution mechanisms, caps or formulas, or penalties for nonpayment) cannot be summarized here. For precise operative changes, consult the enrolled bill text and Committee Amendment S-245.
To see the exact statutory modifications and Committee Amendment S‑245, consult the enrolled bill and amendment text on the Maine Legislature’s bill tracking or public law website (search “LD 1296” or “LR 2161” for the 132nd Legislature).
Compiled from official sources — confirm details with the bill’s official record.
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