Michigan Compiled Laws Act 88 Of 1989 Watercraft And Outboard Motor Manufacturers, Distributors, And Dealers (445.541 - 445.547)

• Section 445.541 Meanings Of Words And Phrases.
  For the purposes of this act, the words and phrases defined in sections 2 to 6 have the meanings ascribed to them in those...
• Section 445.542 Definitions.
  (1) “Dealer agreement” means the agreement or contract in writing between a manufacturer or distributor and a new watercraft dealer which purports to establish...
• Section 445.543 Dealer Agreement And Compliance Required For Sale Or Purchase Of New Watercraft Or New Outboard Motor.
  A manufacturer or distributor shall not offer for sale to a new watercraft dealer, and a new or proposed new watercraft dealer shall not...
• Section 445.544 Contents Of Dealer Agreement.
  Each dealer agreement shall include, but is not limited to, all of the following: (a) The territory or market area. (b) The period of...
• Section 445.545 Sale, Transfer, Or Exchange Of Dealership; Consent; Criteria; Prohibited Conduct.
  (1) A manufacturer or distributor shall not unreasonably withhold consent to the sale, transfer, or exchange of a dealership to a person who meets...
• Section 445.546 Inability Of Designated Successor To Succeed New Watercraft Dealer.
  If a designated successor is not able to succeed the new watercraft dealer because of the designated successor's death or legal incapacity, the dealer,...
• Section 445.547 Designated Successor Of Deceased Or Incapacitated New Watercraft Dealer; Notice Of Intent; Existing Dealer Agreement; Personal And Financial Data; Notice Of Refusal To Approve Succession.
  (1) A designated successor of a deceased or incapacitated new watercraft dealer may succeed the dealer in the ownership or operation of the dealership...

Last modified: October 10, 2016