44-1553. Voidable franchises
Any franchise may be cancelled by the dealer at his option by sending a written
declaration of that fact and the reasons therefor to the distributor if:
1. The distributor's offer was fraudulent or unlawful, provided that the dealer
send such written declaration within sixty days after discovery thereof.
2. The dealer was not afforded the opportunity to negotiate with the distributor on
all provisions within the franchise, except that such negotiations shall not impair the
uniform image and quality standards of the franchise, provided that the dealer send such
written declaration within ten days after execution of the franchise.
3. The dealer was not furnished a copy of the franchise agreement at least
seventy-two hours prior to execution. The dealer shall send such written cancellation
within ten days after execution of the franchise.
4. The dealer was not furnished the disclosure set forth in section 44-1552 at
least seventy-two hours prior to the execution of the franchise agreement. The dealer
shall send such written cancellation within ten days after dealer has acquired all of the
required information.
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