Virginia Statutes

§ 59.1-354 — Cancellation

Virginia § 59.1-354
JurisdictionVirginia
Title 59.1TRADE AND COMMERCE
Ch. 28HEAVY EQUIPMENT DEALER ACT

This text of Virginia § 59.1-354 (Cancellation) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 59.1-354 (2026).

Text

A.Notwithstanding the terms, provisions or conditions of any agreement, no supplier shall unilaterally amend, cancel, terminate or refuse to continue to renew any agreement, or unilaterally cause a dealer to resign from an agreement, unless the supplier has first complied with the provisions of § 59.1-355, and good cause exists for amendment, termination, cancellation, nonrenewal, noncontinuance or causing a resignation. "Good cause" shall not include the sale or purchase of a supplier. "Good cause" shall be limited to withdrawal by the supplier, its successors and assigns, of the sale of its products in Virginia, or dealer performance deficiencies including, but not limited to, the following:
1.Bankruptcy or receivership of the dealer;
2.Assignment for the benefit of creditors or sim

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Legislative History

1988, c. 73.

Nearby Sections

15
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Bluebook (online)
Virginia § 59.1-354, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/59.1-354.