16-1401. Purpose.

16-1401

Chapter 16.--CONTRACTS AND PROMISES
Article 14.--LAWN AND GARDEN EQUIPMENT DEALERSHIP AGREEMENTS

      16-1401.   Purpose. The purpose of this act is to prevent arbitrary or abusive conduct and to preserve and enhance the reasonable expectations for success in the business of distributing lawn and garden equipment. The retail distribution of lawn and garden equipment, as defined in this act, utilizing independent retail businesses operating under agreements with suppliers, vitally affects the general economy of the state, public interest, and public welfare, and it is necessary to regulate the business relations between the independent retailers and the lawn and garden equipment suppliers.

      History:   L. 1992, ch. 40, § 1; April 16.