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2025 Utah Code
Title 13 - Commerce and Trade
Chapter 58 - Motorboat Agreements Act
Part 2 - Agreements
Section 201 - Agreement requirement -- Terms of agreements.
Universal Citation:
UT Code § 13-58-201 (2025)
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Effective 5/5/2021
13-58-201. Agreement requirement -- Terms of agreements.
Enacted by Chapter 185, 2021 General Session
13-58-201. Agreement requirement -- Terms of agreements.
- (1) A person may not act as a motorboat dealer in this state without entering into an agreement.
- (2) An agreement shall include:
- (a) each working capital standard, inventory standard, facility standard, equipment standard, and tool standard, if any, including each agreed upon minimum product stocking requirement;
- (b) provisions for termination or nonrenewal of the agreement;
- (c) the designation of a successor motorboat dealer in the event of the motorboat dealer's death or disability;
- (d) the obligations of the manufacturer, distributor, and motorboat dealer in the preparation and delivery of, and warranty service on, new motorboats and new motorboat motors;
- (e) the obligations of the manufacturer, distributor, and new motorboat dealer upon termination of the agreement, including obligations in relation to:
- (i) inventory of new motorboats;
- (ii) inventory of new motorboat motors;
- (iii) inventory of parts;
- (iv) equipment;
- (v) furnishings;
- (vi) special tools; and
- (vii) required signs;
- (f) each standard for maintenance of:
- (i) a dedicated or self-funded line of credit, if any; and
- (ii) a trade-in line of credit or self-funded trade-in line of credit, if any; and
- (g) dispute resolution procedures.
Enacted by Chapter 185, 2021 General Session
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