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Current as of January 01, 2024 | Updated by Findlaw Staff
(1)Sections 53-201 to 53-223 shall apply to agreements in existence on April 18, 1989, and agreements entered into or renewed after such date.
(2) 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. A transfer of a wholesaler's business which requires the supplier's consent or approval but is disapproved by the supplier shall be null and void.
(3) A successor to a supplier that continues in business as a supplier shall be bound by all terms and conditions of each distribution agreement that the predecessor was a party to at the time of transfer with respect to each brand the successor continues to make available for sale in this state.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 53. Liquors § 53-222. Applicability of sections; transfer of business; effect on agreements - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-53-liquors/ne-rev-st-sect-53-222/
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