Current through P.L. 171-2024
Section 9-13-2-43 - "Designated family member"(a) "Designated family member" means 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.(b) If no such document has been filed, the term means a franchisee's spouse, child, grandchild, parent, or sibling who: (1) 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(2) if the franchisee is incapacitated, is appointed by the court as the legal representative of the franchisee's property.(c) If a franchisee is deceased, the term includes the appointed and qualified personal representative and testamentary trustee of the deceased franchisee.Pre-1991 Recodification Citation: 9-10-7-2.
As added by P.L. 2-1991, SEC.1.