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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 27. (a) This section does not apply to a recreational vehicle dealer if the recreational vehicle dealer agreement or other written agreement includes the recreational vehicle dealer's designation of a successor who is not the designated family member of the recreational vehicle dealer.
(b) A designated family member of a deceased or incapacitated recreational vehicle dealer may succeed the recreational vehicle dealer if the recreational vehicle manufacturer or recreational vehicle distributor determines that the existing recreational vehicle dealer agreement should be honored.
(c) A recreational vehicle manufacturer or recreational vehicle distributor may object to a succession under this section for good cause. The burden is on the recreational vehicle manufacturer or recreational vehicle distributor to show good cause for the following reasons:
(1) The designated family member has been convicted of a felony or a crime of fraud, deceit, or moral turpitude.
(2) The designated family member declared insolvency or bankruptcy during the ten (10) years before succession is set to occur.
(3) The designated family member breached a prior recreational vehicle dealer agreement.
(4) The designated family member lacks an active line of credit sufficient to purchase the recreational vehicles.
(5) The designated family member lacks a license required by law.
(d) A designated family member may not succeed a recreational vehicle dealer if the succession involves, without the recreational vehicle manufacturer's or recreational vehicle distributor's consent, a relocation of the business or an alteration of the terms and conditions of the recreational vehicle dealer agreement.
Cite this article: FindLaw.com - Indiana Code Title 9. Motor Vehicles § 9-32-19-27 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-9-motor-vehicles/in-code-sect-9-32-19-27/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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