Insurance Booklet Mandate Eliminated
This week, President Obama put his signature on legislation that eliminates the insurance booklet mandate that dealers have had to comply with since the 1970s.
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This week, President Obama put his signature on legislation that eliminates the insurance booklet mandate that dealers have had to comply with since the 1970s.
The bipartisan bill that would eliminate the requirement that new-car dealers keep an insurance booklet on hand or face a hefty fine is headed to President Obama for his signature. The bill was approved by the U.S. Senate on Dec. 21.
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