§ 46.2-1572.3. Waiver prohibited
No motor vehicle manufacturer, factory branch, distributor, distributor branch, or subsidiary thereof shall obtain from a motor vehicle dealer a waiver of the dealer's rights by threatening to impose a detriment upon the dealer's business or threatening to withhold from the dealer any entitlement, benefit, or service required by law. This section shall not apply to good faith settlement of disputes, including disputes pertaining to contract negotiations, in which a waiver is granted in exchange for fair consideration in the form of a benefit conferred upon the dealer; however, this section shall apply to a dispute as to whether a waiver of such rights by a motor vehicle dealer has been obtained in violation of this section.
(2001, cc. 135, 150.)
Sections: Previous 46.2-1569 46.2-1569.1 46.2-1570 46.2-1571 46.2-1572 46.2-1572.1 46.2-1572.2 46.2-1572.3 46.2-1572.4 46.2-1573 46.2-1573.01 46.2-1573.1 46.2-1574 46.2-1575 46.2-1576 NextLast modified: April 3, 2009