Nebraska § 87-412 Designation of successor in interest; rights; notice of election to operate franchise

Nebraska Statutes

§ 87-412 — Designation of successor in interest; rights; notice of election to operate franchise

Nebraska·Ch. 87 Trade Practices

A franchisee may designate one primary and one alternate successor in interest. The alternate, if one is designated, shall have no rights under sections  87-411  to  87-414  if the primary successor in interest exercises his or her rights under sections  87-411  to  87-414 . If an alternate desires to assume and operate the franchise in the event the primary successor in interest fails to do so, the alternate shall give notice of such election within forty-five days after the death of the franchisee and shall comply with sections  87-411  to  87-414 .

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A franchisee may designate one primary and one alternate successor in interest. The alternate, if one is designated, shall have no rights under sections 87-411 to 87-414 if the primary successor in interest exercises his or her rights under sections 87-411 to 87-414 . If an alternate desires to assume and operate the franchise in the event the primary successor in interest fails to do so, the alternate shall give notice of such election within forty-five days after the death of the franchisee and shall comply with sections 87-411 to 87-414 .

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