67-7-19 - Agreements subject to chapter; applicability of terms and conditions of transferred agreements.
§ 67-7-19. Agreements subject to chapter; applicability of terms and conditions of transferred agreements.
(1) This chapter shall apply to agreements entered into or renewed after April 7, 1995.
(2) A transferee of a wholesaler that continues in business as a wholesaler shall have the benefit of and be bound by all terms and conditions of the agreement with the supplier in effect on the date of the transfer, except that a transfer of a wholesaler's business which requires supplier's consent or approval but is disapproved by the supplier shall be null and void.
Sources: Laws, 1995, ch. 619, § 10, eff from and after passage (approved April 7, 1995).