(a) General rule.--A purchaser of a new neighborhood electric vehicle in this Commonwealth shall execute a waiver and certify that the neighborhood electric vehicle was purchased with full knowledge of the potentially hazardous characteristics of such vehicles as detailed by the manufacturer or the manufacturer's agent or dealer.

(b) Manufacturer responsibility.--The waiver shall be prepared by the manufacturer and kept in the possession of the manufacturer and the manufacturer's agent or dealer of neighborhood electric vehicles. An executed copy shall be provided to the purchaser.

(c) Signing by purchaser.--The signing of the waiver by the purchaser shall serve to eliminate any liability of the manufacturer and the manufacturer's agent or dealer of neighborhood electric vehicles.