Section 445.545 - Sale, transfer, or exchange of dealership; consent; criteria; prohibited conduct.

WATERCRAFT AND OUTBOARD MOTOR MANUFACTURERS, DISTRIBUTORS, AND DEALERS (EXCERPT)
Act 88 of 1989

445.545 Sale, transfer, or exchange of dealership; consent; criteria; prohibited conduct.

Sec. 5.

(1) A manufacturer or distributor shall not unreasonably withhold consent to the sale, transfer, or exchange of a dealership to a person who meets the criteria set forth in the dealer agreement.

(2) Failure to respond within 60 days of receipt of a written request for the sale, transfer, or exchange of a dealership shall be considered consent to the request.

(3) Except for a material breach of the lease, a manufacturer or distributor shall not terminate, cancel, fail to renew, or discontinue a lease of a new watercraft dealer's place of business.


History: 1989, Act 88, Imd. Eff. June 20, 1989