New Hampshire Statutes
§ 339-C:12 — Primary and Alternate Successor
New Hampshire·Title XXXI TRADE AND COMMERCE·Ch. 339-C REGULATION OF GASOLINE FRANCHISES·Subdivision Continuation of a Franchise
A dealer may designate one primary and one alternate successor. If the dealer designates an alternate successor, the alternate successor shall have no rights under this subdivision unless the primary successor notifies the alternate successor within 21 days of the death of the dealer that the primary successor does not intend to send written notice of intent to assume and operate the franchise. Either the primary successor or the alternate successor, whichever is to assume and operate the franchise, shall give notice of election within the 21 day period required in RSA 339-C:13 if he wishes to assume control as provided in this subdivision.
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Legislative History
1983, 456:2, eff. Oct. 1, 1983.
Nearby Sections
15
§ 339-C:1
Definitions§ 339-C:10
Prohibited Agreements§ 339-C:11
Designation of Successor§ 339-C:12
Primary and Alternate Successor§ 339-C:13
Election to Assume a Franchise§ 339-C:15
Extent of Successor's Franchise§ 339-C:17
Account Required of Successor§ 339-C:19
Supplier's Consent to Sale of Franchise§ 339-C:2
Agreements Regulated§ 339-C:20
Transfer Fee§ 339-C:21
Restraint of Trade§ 339-C:22
Hours of Operation