§ 6-50-2 — § 6-50-2. Definitions.

§ 6-50-2. Definitions.

In this chapter:

(1) "Community of interest� means a continuing financial interest between the grantor and the grantee in either the operation of the dealership business or the marketing of such goods or services;

(2) "Dealer� means a person who is a grantee of a dealership situated in this state;

(3) "Dealership� means any of the following:

(i) A contract or agreement, either expressed or implied, whether oral or written, between two (2) or more persons, by which a person is granted the right to sell or distribute goods or services, or use a trade name, trademark, service mark, logotype, advertising, or other commercial symbol, in which there is a community of interest in the business of offering, selling, or distributing goods or services at wholesale, retail, by lease, agreement, or otherwise.

(4) "Good causeâ€� means, for the purposes of this act, good cause for terminating, canceling, or nonrenewal and shall include, but not be limited to, failure by the dealer to comply with the reasonable requirements imposed by the grantor or any of the reasons listed in § 6-50-4(a)(1) — (a)(6).

(5) "Grantor� means a person who grants a dealership;

(6) "Person� means a natural person, partnership, joint venture, corporation, or other entity.

Legislative History

P.L. 2007, ch. 28, § 1; P.L. 2007, ch. 36, § 1; P.L. 2008, ch. 347, § 1; P.L. 2008, ch. 373, § 1; P.L. 2014, ch. 528, § 37.