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Current as of December 30, 2022 | Updated by FindLaw Staff
(a) This part shall apply to agreements in existence on May 22, 2013, as well as agreements entered into or renewed after May 22, 2013.
(b) A transferee of a wholesaler that continues in business as a wholesaler shall have the benefit of and be bound by all terms and conditions of the agreement with the supplier in effect on the date of the transfer; provided, however, a transfer of the business of the wholesaler which requires the consent or approval of the supplier but is disapproved by the supplier shall be null and void.
(c) A successor to a supplier that continues in business as a supplier shall be bound by all terms and conditions of each agreement of the supplier in effect on the date of succession.
Cite this article: FindLaw.com - Alabama Code Title 45. Local Laws § 45-37-21.11 - last updated December 30, 2022 | https://codes.findlaw.com/al/title-45-local-laws/al-code-sect-45-37-21-11/
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