41-4-4. Giving of gratuity by manufacturer or wholesaler to one financing sales
which lessens competition, unlawful.
It shall be unlawful for any person who is engaged, directly or indirectly, in the
manufacture or wholesale distribution only of motor vehicles, whether patented or unpatented, to
pay or give, or contract to pay or give any thing or service of value to any person who is engaged
in the business of financing the purchase or sale of motor vehicles or of buying conditional sales
contracts, chattel mortgages or leases on motor vehicles sold at retail within this state if the effect
of any such payment or the giving of any such thing or service of value may be to lessen or
eliminate competition, or tend to create or create a monopoly in the person or class of persons
who receive or accept such thing or service of value.
No Change Since 1953
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Last revised: Wednesday, October 08, 2008