Manufacturer or distributor preventing dealer from receiving fair
compensation for franchised business
Sec. 12. It is an unfair practice for a manufacturer or distributor
to prevent or attempt to prevent a dealer from receiving fair and
reasonable compensation for the value of the franchised business as
a going concern. The dealer may not transfer or assign the dealer's
franchise without the consent of the manufacturer or distributor, and
the manufacturer or distributor may not unreasonably withhold
consent.
As added by P.L.2-1991, SEC.11.
Last modified: May 27, 2006