Manufacturer or distributor requiring changes in capital structure
or business financing of dealer
Sec. 9. It is an unfair practice for a manufacturer or distributor to
prevent or require or attempt to prevent or require by contract or
otherwise, any change in the capital structure of a dealer or the
means by or through which the dealer finances the dealer's operation,
if the dealer at all times meets any reasonable capital standards
agreed to by the dealer and the manufacturer or distributor. A change
in capital structure does not cause a change in the principal
management or have the effect of a sale of the franchise without the
consent of the manufacturer or distributor.
As added by P.L.2-1991, SEC.11.
Last modified: May 27, 2006