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2012 Maine Revised Statutes
TITLE 10: COMMERCE AND TRADE
Chapter 206-B: PERSONAL SPORTS MOBILE MANUFACTURERS, DISTRIBUTORS AND DEALERS
10 §1250-A. Franchise interest; vested rights

Universal Citation:
10 ME Rev Stat § 1250-A (2012 through 125th Legis)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Part 3: REGULATION OF TRADE

§1250-A. Franchise interest; vested rights

Notwithstanding any other provision of law, it is unlawful for the manufacturer, wholesaler, distributor or franchisor without due cause to fail to renew a franchise on terms then equally available to all its personal sports mobile dealers, to terminate a franchise or to restrict the transfer of a franchise unless the franchisee receives fair and reasonable compensation for the value of the business. [1997, c. 473, §3 (NEW).]

SECTION HISTORY

1997, c. 473, §3 (NEW).

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