13-12-5 - Death of dealer or lessee -- Distributor to cooperate with heirs -- Offer to purchase -- Reasonable access to premises. - Utah Statutes

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Statutes > Utah > Title-13 > Chapter-12 > 13-12-5

13-12-5. Death of dealer or lessee -- Distributor to cooperate with heirs -- Offer topurchase -- Reasonable access to premises.
Upon the death of a dealer or lessee who operates under a marketing agreement, thedistributor shall cooperate with the heirs or successors. Such cooperation shall include, but not belimited to, an offer to repurchase salable merchandise and equipment owned by the dealer at thefair market value not to exceed original invoice price and to permit the heirs or successorsreasonable access to the premises for a reasonable period of time.

Enacted by Chapter 6, 1975 Special Session 1

State Codes and Statutes

Statutes > Utah > Title-13 > Chapter-12 > 13-12-5

13-12-5. Death of dealer or lessee -- Distributor to cooperate with heirs -- Offer topurchase -- Reasonable access to premises.
Upon the death of a dealer or lessee who operates under a marketing agreement, thedistributor shall cooperate with the heirs or successors. Such cooperation shall include, but not belimited to, an offer to repurchase salable merchandise and equipment owned by the dealer at thefair market value not to exceed original invoice price and to permit the heirs or successorsreasonable access to the premises for a reasonable period of time.

Enacted by Chapter 6, 1975 Special Session 1

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-13 > Chapter-12 > 13-12-5

13-12-5. Death of dealer or lessee -- Distributor to cooperate with heirs -- Offer topurchase -- Reasonable access to premises.
Upon the death of a dealer or lessee who operates under a marketing agreement, thedistributor shall cooperate with the heirs or successors. Such cooperation shall include, but not belimited to, an offer to repurchase salable merchandise and equipment owned by the dealer at thefair market value not to exceed original invoice price and to permit the heirs or successorsreasonable access to the premises for a reasonable period of time.

Enacted by Chapter 6, 1975 Special Session 1