32-6B-50 — Notice of intention to terminate or not continue franchise or to enter into additionalfranchise for same line-make--When required.

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     32-6B-50.   Notice of intention to terminate or not continue franchise or to enter into additional franchise for same line-make--When required. If a franchisor seeks to terminate or not continue a franchise or seeks to enter into an additional franchise of the same line-make, the franchisor shall file a notice with the department of his intention to terminate or not continue the franchise or to enter into a franchise for additional representation of the same line-make. This section does not apply to any intended termination or noncontinuance of a franchise which the franchisee elects voluntarily.

Source: SL 1986, ch 250, § 51.