Louisiana Statutes
§ 51:488 — Repurchase from heirs upon death of dealer
Louisiana·Title 51 Trade and Commerce
Upon the death of the dealer, or the majority stockholder in a corporation operating a retail dealership under a contract as provided in R.S. 51:481, the heir or heirs of the dealer or stockholder shall have one year to exercise the options provided by this Part to the dealer, upon the same terms and conditions applicable to the dealer.
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Louisiana § 51:488 (Repurchase from heirs upon death of dealer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
International Harvester Credit Corp. v. Seale
509 So. 2d 684 (Louisiana Court of Appeal, 1987)
Legislative History
Acts 1991, No. 627, §1.
Nearby Sections
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Exemptions