Colo. Rev. Stat. § 44-20-138

Current through Acts effective through 6/5/2024 of the 2024 Legislative Session

Section 44-20-138 - Site control extinguishes

If a manufacturer, distributor, or manufacturer representative has terminated, eliminated, or not renewed a franchise agreement containing a site control provision, the motor vehicle dealer may void a site control provision of a franchise agreement by returning any money the dealer has accepted in exchange for site control prorated by the time remaining before the agreement expires over the time period between the agreement being signed and the agreement expiring. This section does not apply if the termination, elimination, or nonrenewal is for just cause in accordance with section 44-20-124(1)(d).

C.R.S. § 44-20-138

Renumbered from C.R.S. § 12-6-129 and amended by 2018 Ch. 7,§ 2, eff. 10/1/2018.

L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 88, § 2, effective October 1.

This section is similar to former § 12-6-129 as it existed prior to 2018.