Legislation
SECTION 199-B
Disclosures to prospective dealers
General Business (GBS) CHAPTER 20, ARTICLE 11-B
§ 199-b. Disclosures to prospective dealers. A distributor shall
disclose in writing to any prospective dealer the following information,
before any franchise is entered into:
1. The gallonage volume history, if any, of the location under
negotiation for and during the three year period immediately past or for
the entire period which the location has been supplied by the
distributor, whichever is shorter.
2. The name and last known address of the previous dealer or dealers
for the last three years, or for and during the entire period which the
location has been supplied by the distributor, whichever is shorter, and
the reason or reasons for the termination of each dealer franchise.
3. Any legally binding commitments for the sale, demolition or other
disposition of the location.
4. The training programs, if any, and the specific goods and services
the distributor will provide for and to the dealer.
5. Full disclosure of any and all obligations which will be required
of the dealer, including but not limited to, any obligation to
exclusively deal in any of the products of the distributor, its
subsidiaries or any other company or any advertising and promotional
items that the dealer must accept.
6. Full disclosure of all restrictions on the sale, transfer, renewal
and termination of the franchise.
disclose in writing to any prospective dealer the following information,
before any franchise is entered into:
1. The gallonage volume history, if any, of the location under
negotiation for and during the three year period immediately past or for
the entire period which the location has been supplied by the
distributor, whichever is shorter.
2. The name and last known address of the previous dealer or dealers
for the last three years, or for and during the entire period which the
location has been supplied by the distributor, whichever is shorter, and
the reason or reasons for the termination of each dealer franchise.
3. Any legally binding commitments for the sale, demolition or other
disposition of the location.
4. The training programs, if any, and the specific goods and services
the distributor will provide for and to the dealer.
5. Full disclosure of any and all obligations which will be required
of the dealer, including but not limited to, any obligation to
exclusively deal in any of the products of the distributor, its
subsidiaries or any other company or any advertising and promotional
items that the dealer must accept.
6. Full disclosure of all restrictions on the sale, transfer, renewal
and termination of the franchise.