TRADE AND COMMERCE
REGULATION OF GASOLINE FRANCHISES
339-C:4 Supplier's Right to Terminate Agreement.
I. A supplier who enters into an agreement for the purpose of conducting a gas station business, which may include a lease with options to renew said agreement or to renew said lease if one is included, may terminate, cancel or refuse to renew such agreement or lease, by submitting notice to the dealer at least 90 days before the effective date of such termination, cancellation or refusal to renew.
II. A supplier shall not impose any conditions on a dealer which are not stated in the agreement between the parties, unless mutually amended or modified.
III. Grounds for termination, cancellation or refusal to renew an agreement or lease which are not contained in the agreement between the supplier and the dealer may be decided by negotiation between the supplier and the dealer or any negotiating agent designated by the dealer.
IV. Abandonment of a franchise for more than 2 weeks by the dealer shall constitute waiver by the dealer of any rights under this section.
Source. 1974, 24:1, eff. June 1, 1974.