Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/28-9-10.htm |
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Depth: | 0 singles |
Size: | 1,167 bytes |
Modified: | 1997-12-16 15:27:40 |
Categories: | -None- |
Title: | 28-9-10 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 28-9-10 Application, transferee of wholesaler's business; successor of supplier's business. (a) This chapter shall apply to agreements in existence on March 3, 1988, as well as agreements entered into or renewed after March 3, 1988. (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; provided, however, a transfer of a wholesaler's business which requires supplier's consent or approval but is disapproved by the supplier shall be null and void. (c) A successor to a supplier that continues in business as a supplier shall be bound by all terms and conditions of each agreement of the supplier in effect on the date of succession. (Acts 1988, No. 88-80, p. 87, ยง10.) |