Rhode Island § 3-13-8 § 3-13-8. Sale of supplier.

Rhode Island Statutes

§ 3-13-8 — § 3-13-8. Sale of supplier.

Rhode Island·Title 3 Alcoholic Beverages·Ch. 3-13 Malt Beverage Supplier-Wholesaler Agreements

§ 3-13-8. Sale of supplier.
Except for discontinuance of all sales of a brand or brands in this state or for good
            cause, any person who purchases a supplier becomes obligated to all of the terms of
            any agreement in effect on the date of purchase. The acquiring supplier is not obligated
            to supply its brand or brands to the wholesalers of the acquired supplier. Nothing
            prevents the parties from negotiating a new agreement consistent with the provisions
            of this chapter. The term purchase includes, but is not limited to, a purchase of
            stock, purchase of assets, lease, merger, or any other reorganization, consolidation,
            or acquisition of a su

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§ 3-13-8. Sale of supplier.

Except for discontinuance of all sales of a brand or brands in this state or for good cause, any person who purchases a supplier becomes obligated to all of the terms of any agreement in effect on the date of purchase. The acquiring supplier is not obligated to supply its brand or brands to the wholesalers of the acquired supplier. Nothing prevents the parties from negotiating a new agreement consistent with the provisions of this chapter. The term purchase includes, but is not limited to, a purchase of stock, purchase of assets, lease, merger, or any other reorganization, consolidation, or acquisition of a supplier.

Rhode Island § 3-13-8 (§ 3-13-8. Sale of supplier.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.