§ 9-32-15-5 — Notice of refusal to honor franchise

Indiana § 9-32-15-5

• Jurisdiction: Indiana
• Title 9: MOTOR VEHICLES
• Art. 32: DEALER SERVICES
• Ch. 15: Succession to Franchise by Designated Family

Text

(a) Not later than sixty (60) days after receipt
of:
(1) notice from a designated family member under section 4(1) of
this chapter; or
(2) requested personal or financial data under section 4(4) of this
chapter;
a manufacturer or distributor that determines that good cause exists for
refusing to honor an existing franchise shall serve notice of the
determination on the designated family member.
(b) The notice required under subsection (a) must state the
following:
(1) The specific grounds for the manufacturer's or distributor's
determination.
(2) The date on which the existing franchise will be discontinued,
which must be at least ninety (90) days after the date the notice is
served.
(c) If notice of the manufacturer's determination is not served within
the time specified in subsection (a) and does not comply with
subsection (b), the franchise must be honored and is not subject to
discontinuance under this chapter.

Legislative History

As added by P.L.92-2013, SEC.78.