Indiana Statutes
§ 7.1-3-25-7 — Determination of fair market value of wholesaler's distribution rights
A successor's designee shall negotiate with the existing wholesaler to determine the fair market value of the existing wholesaler's right:
(1)to distribute the product in the existing wholesaler's territory
immediately before the successor acquired rights to the product
under section 5 of this chapter; and
(2)as determined in an arms length transaction entered into
without duress or threat of termination of the initial wholesaler's
right described in subdivision (1).
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Indiana § 7.1-3-25-7 (Determination of fair market value of wholesaler's distribution rights) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Monarch Beverage Company, Inc. v. David Cook, in his official capacity as Chairman of the Indiana Alcohol and Tobacco Commission
48 N.E.3d 325 (Indiana Court of Appeals, 2015)
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Repealed§ 7.1-1-2-0.1
Repealed§ 7.1-1-2-1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Repealed§ 7.1-1-2-2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Repealed§ 7.1-1-3-1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"