Sec. 1. 10 MRSA §1475, sub-§2-A, ¶G, as amended by PL 1995, c. 269, §2, is further amended to read:

G. If the vehicle is repossessed, a statement identifying this fact; and

Sec. 2. 10 MRSA §1475, sub-§2-A, ¶H, as enacted by PL 1995, c. 269, §3, is amended to read:

H. The dealer's duty to disclose conspicuously in writing the dealer's policy in relation to the return of deposits received from any person. A dealer shall require that a person making a deposit sign the form on which the disclosure appears. ; and

Sec. 3. 10 MRSA §1475, sub-§2-A, ¶I is enacted to read:

I.__A statement identifying the replacement of an odometer other than with an odometer with the same mileage.__ Replacement of an odometer to change the measuring of distance from kilometers to miles must be disclosed.

SUMMARY

This bill requires a dealer to include on a disclosure statement the fact that the odometer has been replaced even if the odometer was replaced only to change the measuring of distance from kilometers to miles.