Me. Stat. tit. 10 § 1179

Current through 131st (2023-2024) Legislature Chapter 684
Section 1179 - Franchise interest, vested rights

Notwithstanding any other provision of law, it shall be unlawful for the manufacturer, wholesaler, distributor or franchisor without due cause, to fail to renew a franchise on terms then equally available to all its motor vehicle dealers, to terminate a franchise or to restrict the transfer of a franchise unless the franchisee shall receive fair and reasonable compensation for the value of the business. [1975, c. 573(NEW).]

10 M.R.S. § 1179

1975, c. 573, (NEW) .