Maine Statutes

§ 10 §1250-A — Franchise interest; vested rights

Maine·Title 10 COMMERCE AND TRADE·Part 3 REGULATION OF TRADE·Ch. 206-B PERSONAL SPORTS MOBILE MANUFACTURERS, DISTRIBUTORS AND DEALERS
Notwithstanding any other provision of law, it is unlawful for the manufacturer, wholesaler, distributor or franchisor without due cause to fail to renew a franchise on terms then equally available to all its personal sports mobile dealers, to terminate a franchise or to restrict the transfer of a franchise unless the franchisee receives fair and reasonable compensation for the value of the business.

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Legislative History

PL 1997, c. 473, §3 (NEW).

Nearby Sections

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