Indiana Statutes
§ 7.1-3-25-5 — Successor requirements
A successor:
(1)who acquires the rights to manufacture or distribute an
existing product; and
(2)who:
(A)does not reappoint the existing wholesaler to distribute the
product;
(B)reduces the existing wholesaler's territory for the product;
or
(C)offers to compensate the existing wholesaler in an amount
less than the fair market value determined under section 7 of
this chapter;
must comply with this chapter. A successor's designee must also
comply with this chapter.
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Legislative History
As added by P.L.224-2005, SEC.19.
Nearby Sections
15
§ 7.1-1-1-1
General purposes§ 7.1-1-1-11.5
Repealed§ 7.1-1-2-0.1
Repealed§ 7.1-1-2-1
Construction§ 7.1-1-2-13
Repealed§ 7.1-1-2-2
Scope§ 7.1-1-2-3
Exceptions§ 7.1-1-2-4
Gender and number§ 7.1-1-2-5
Direct and indirect prohibition§ 7.1-1-2-6
Repealed§ 7.1-1-3-1
Generally§ 7.1-1-3-10
"Club"§ 7.1-1-3-11
"Commercially"§ 7.1-1-3-12
"Commission"§ 7.1-1-3-12.5
"Consumer advertising specialty"