New Hampshire § 339-C:21 Restraint of Trade

New Hampshire Statutes

§ 339-C:21 — Restraint of Trade

New Hampshire·Title XXXI TRADE AND COMMERCE·Ch. 339-C REGULATION OF GASOLINE FRANCHISES·Subdivision Sale, Transfer or Assignment of a Franchise

I. Notwithstanding RSA 339-C:19, a supplier may refuse to consent to the sale, transfer or assignment of a franchise if the transaction would result in restraint of trade in the sale of petroleum products. II. For the purposes of this section, trade in the sale of petroleum products is presumed to be restrained if, as a result of the transaction, the proposed purchaser, transferee or assignee would sell on the average more than:

(a)Five percent of the petroleum products sold in the county in which the dealer's premises are located; or

(b)Ten percent of the petroleum products sold under the supplier's trademark, trade name or logo in the county in which the dealer's premises are located.

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I. Notwithstanding RSA 339-C:19, a supplier may refuse to consent to the sale, transfer or assignment of a franchise if the transaction would result in restraint of trade in the sale of petroleum products.
II. For the purposes of this section, trade in the sale of petroleum products is presumed to be restrained if, as a result of the transaction, the proposed purchaser, transferee or assignee would sell on the average more than:
(a) Five percent of the petroleum products sold in the county in which the dealer's premises are located; or
(b) Ten percent of the petroleum products sold under the supplier's trademark, trade name or logo in the county in which the dealer's premises are located.

New Hampshire § 339-C:21 (Restraint of Trade) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.