Public-domain · open source
OpenJurist

Ala. Code § 45-37-21.11

Applicability of Agreements to Transferees and Successors in Business.

Known as the Jefferson County Wine Franchise Jobs Protection Act

The act spans §§ 45-37-21 to 45-37-21.13 (14 sections).

(Act 2013-346, p. 1230, §12.)

(a) This part shall apply to agreements in existence on May 22, 2013, as well as agreements entered into or renewed after May 22, 2013.

(b) 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; provided, however, a transfer of the business of the wholesaler which requires the consent or approval of the supplier but is disapproved by the supplier shall be null and void.

(c) A successor to a supplier that continues in business as a supplier shall be bound by all terms and conditions of each agreement of the supplier in effect on the date of succession.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.