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North Dakota Century Code Title 5. Alcoholic Beverages § 5-04-05. Notice of intent to terminate

Current as of January 01, 2024 | Updated by Findlaw Staff

Except as otherwise provided in this section, a brewer shall provide a wholesaler with at least ninety days prior written notice of any intent to amend, terminate, cancel, or not renew any agreement. The notice must state all the reasons for the intended amendment, termination, cancellation, or nonrenewal. The wholesaler has ninety days after receiving notice in which to rectify any claimed deficiency. If the deficiency is rectified within ninety days of notice, the proposed amendment, termination, cancellation, or nonrenewal is void. The notice provisions of this section do not apply if the reason for the termination, cancellation, or nonrenewal is:

1. The wholesaler's bankruptcy or insolvency.

2. An assignment for the benefit of creditors or similar disposition of the business assets.

3. Revocation of the wholesaler's license.

4. Conviction or a plea of guilty or no contest to a charge of violating a law relating to the business that materially affects the wholesaler's ability to remain in business.

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Cite this article: FindLaw.com - North Dakota Century Code Title 5. Alcoholic Beverages § 5-04-05. Notice of intent to terminate - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-5-alcoholic-beverages/nd-cent-code-sect-5-04-05/

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