407.842. Notice to dealer of cancellation, content--dealer has sixty days to rectify--exceptions.
Notice to dealer of cancellation, content--dealer has sixty days torectify--exceptions.
407.842. Except as otherwise provided in this section, afarm equipment manufacturer shall provide a farm equipment dealerat least ninety days' prior written notice of termination,cancellation or nonrenewal of the dealership agreement. Thenotice shall state all reasons constituting good cause fortermination, cancellation or nonrenewal and shall provide thatthe dealer has sixty days in which to cure any claimeddeficiency. If the deficiency is rectified within sixty days,the notice shall be void. The notice and right to cureprovisions under this section shall not apply if the reason fortermination, cancellation or nonrenewal is for any reason setforth in subdivisions (1) to (8) of section 407.840.
(L. 1987 S.B. 35)