Current with changes from the 2024 Legislative Session
Section 26:809 - Application to future agreements; transferee continues under agreementA. This Chapter shall apply to agreements entered into or renewed after May 26, 1993.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. However, a transfer of a wholesaler's business which requires the supplier's consent or approval but is disapproved by the supplier shall be null and void.Acts 1993, No. 132, §1, eff. May 26, 1993.Acts 1993, No. 132, §1, eff. 5/26/1993.