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Indiana Code Title 9. Motor Vehicles § 9-13-2-43

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 43. (a) “Designated family member”, except as provided in subsection (b), means the following:

(1) A franchisee's spouse, child, grandchild, parent, or sibling who has been nominated as the franchisee's successor under a written document filed by the franchisee with the franchisor.

(2) If no such document has been filed, the term means a franchisee's spouse, child, grandchild, parent, or sibling who:

(A) if the franchisee is deceased, is entitled to inherit the franchisee's ownership interest in the franchisee's business under the franchisee's will or under the laws of intestate succession;  or

(B) if the franchisee is incapacitated, is appointed by the court as the legal representative of the franchisee's property.

(3) If a franchisee is deceased, the term includes the appointed and qualified personal representative and testamentary trustee of the deceased franchisee.

(b) “Designated family member”, for purposes of IC 9-32-19, has the meaning set forth in IC 9-32-19-5.

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Cite this article: FindLaw.com - Indiana Code Title 9. Motor Vehicles § 9-13-2-43 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-9-motor-vehicles/in-code-sect-9-13-2-43/

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