Current through Public Act 166 of the 2024 Legislative Session
Section 445.545 - Sale, transfer, or exchange of dealership; consent; criteria; prohibited conduct(1) A manufacturer or distributor shall not unreasonably withhold consent to the sale, transfer, or exchange of a dealership to a person who meets the criteria set forth in the dealer agreement.(2) Failure to respond within 60 days of receipt of a written request for the sale, transfer, or exchange of a dealership shall be considered consent to the request.(3) Except for a material breach of the lease, a manufacturer or distributor shall not terminate, cancel, fail to renew, or discontinue a lease of a new watercraft dealer's place of business.1989, Act 88, Imd. Eff. 6/20/1989 .