Indiana Statutes
§ 23-2-2.5-51 — Service stations; succession to ownership by family member of deceased franchisee
Indiana § 23-2-2.5-51
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 2SECURITIES AND FRANCHISES
Ch. 2.5Franchises
This text of Indiana § 23-2-2.5-51 (Service stations; succession to ownership by family member of deceased franchisee) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-2-2.5-51 (2026).
Text
(a)Any designated family member of a
deceased service station franchisee may succeed to the ownership of
the existing agreement if all of the following conditions are met:
(1)The designated family member gives the service station
franchisor written notice of the intention to succeed to the service
station agreement within thirty (30) days of the service station
franchisee's death.
(2)The designated family member agrees to be bound by all
terms and conditions of the existing owner's franchise agreement.
(3)There is no good cause for the service station franchisor to
refuse to honor the succession.
For purposes of this subsection, the grounds for termination or
nonrenewal of a franchise set out in the federal Petroleum Marketing
Practices Act (15 U.S.C. 2801 et seq.) constitute good caus
Free access — add to your briefcase to read the full text and ask questions with AI
Related
§ 2801
15 U.S.C. § 2801
Legislative History
As added by P.L.241-1983, SEC.2.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-2-2.5-51, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-2-2.5-51.