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2010 Florida Statutes
SECTION 608
Compensation for inventory upon refusal to renew, termination of, or restriction on transfer of a dealer agreement.
Compensation for inventory upon refusal to renew, termination of, or restriction on transfer of a dealer agreement.
686.608
Compensation for inventory upon refusal to renew, termination of, or restriction on transfer of a dealer agreement.
—It is unlawful for the manufacturer, distributor, or wholesaler, without due cause, to fail to renew a dealer agreement on terms then equally available to all their dealers, to terminate an agreement, or to restrict the transfer of an agreement unless the dealer receives fair and reasonable compensation for the inventory of the business. As used in this section, the term “due cause” shall be construed in accordance with the definition of due cause contained in s. 686.611(3)(c)2.
History.
—s. 1, ch. 97-275.