New Hampshire Statutes
§ 339-C:20 — Transfer Fee
New Hampshire·Title XXXI TRADE AND COMMERCE·Ch. 339-C REGULATION OF GASOLINE FRANCHISES·Subdivision Sale, Transfer or Assignment of a Franchise
If a supplier consents to a proposed sale, transfer or assignment of a franchise, the supplier may require the dealer to pay a transfer fee to the supplier. The transfer fee shall be reasonable in relationship to the sale price of the franchise and shall not exceed one percent of the gross sale price. The transfer fee may not be required to frustrate a proposed sale, transfer or assignment.
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New Hampshire § 339-C:20 (Transfer Fee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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
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