3-5-1103. Applicability of subchapter to future agreements — Transferee continues under agreement.

Arkansas Code — all titles (historical 2020) · legal_authorities

3-5-1103. Applicability of subchapter to future agreements — Transferee continues under agreement.

3-5-1103. Applicability of subchapter to future agreements — Transferee continues under agreement. (a) This subchapter shall apply to agreements entered into or renewed after January 31, 1991. (b)(1) 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. (2) However, a transfer of a wholesaler's business which requires the supplier's consent or approval but is disapproved by the supplier shall be null and void.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 3-5-1103

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.