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Ind. Code § 9-13-2-43

"Designated family member"

As added by P.L.2-1991, SEC.1

Sec. 43. (a) "Designated family member", except as provided in subsection (b), means the following:

(1) A franchisee's spouse, child, grandchild, parent, or sibling who has been nominated as the franchisee's successor under a written document filed by the franchisee with the franchisor.

(2) If no such document has been filed, the term means a franchisee's spouse, child, grandchild, parent, or sibling who:

(A) if the franchisee is deceased, is entitled to inherit the franchisee's ownership interest in the franchisee's business under the franchisee's will or under the laws of intestate succession; or

(B) if the franchisee is incapacitated, is appointed by the court as the legal representative of the franchisee's property.

(3) If a franchisee is deceased, the term includes the appointed and qualified personal representative and testamentary trustee of the deceased franchisee.

(b) "Designated family member", for purposes of IC 9-32-19, has the meaning set forth in IC 9-32-19-5.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.