Current through 2024 Regular Session legislation effective June 6, 2024
Section 650.320 - Dealership agreement(1) A dealership agreement shall: (a) Contain a provision that the law of this state governs the agreement;(b) Assign the dealer an area of sales responsibility;(c) If the dealer is an individual, include the designation of a member of the dealer's family to succeed to the dealer's interests in the dealer's business and dealership agreement upon the dealer's death, incapacity or retirement; and(d) Inform the dealer of the dealer's obligations: (A) To perform warranty service;(B) To prepare products for delivery to the consumer; and(C) To deliver products to the consumer.(2) Upon a dealer's request, a grantor shall reconsider the scope of the dealer's area of sales responsibility once a year.(3) During the term of a dealership agreement, a grantor may not: (a) Change the dealer's area of sales responsibility; or(b) Authorize another dealer to sell or lease the same line make in the area of sales responsibility.(4) Subsection (3)(b) of this section does not apply if: (a) Good cause exists to authorize another dealer in the same area of sales responsibility; and(b) The area of sales responsibility will support the existing dealer and the new dealer.