Arkansas Statutes

§ 4-72-402 — Franchise - Cancellation or termination

Arkansas·Title 4
(a)A petroleum products supplier shall not cancel, or otherwise terminate, a franchise with a petroleum products distributor, except for such specific reasons as shall be prescribed in the franchise.
(b)(1) If a petroleum products supplier proposes to cancel, fail to renew, or otherwise terminate a franchise with any distributor, he or she shall so notify the distributor by certified mail at least six (6) months prior to the date on which he or she proposes to cancel, fail to renew, or terminate the franchise.
(2)The notice shall include a statement of the grounds upon which the supplier bases his or her right to cancel or terminate the franchise.
(c)Only the following matters shall be included in the franchise as grounds for a petroleum products supplier to cancel or terminate the fra

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Related

Opinion No.
(Arkansas Attorney General Reports, 2008)

Legislative History

Acts 1975, No. 470, § 2; A.S.A. 1947, § 53-1002.

Nearby Sections

15
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