Except for good cause, as defined by section 5-04-04, the purchase of a brewer as defined in section 5-04-01 shall obligate the purchaser to all terms and conditions of the agreement in effect on the date of purchase. "Purchase", for the purposes of this chapter, includes the sale of stock, sale of assets, merger, lease, transfer, or consolidation.
N.D. Cent. Code § 5-04-14
Sale of brewer
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.