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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon the death of a dealer or lessee who operates under a marketing agreement, the distributor shall cooperate with the heirs or successors. Such cooperation shall include, but not be limited to, an offer to repurchase salable merchandise and equipment owned by the dealer at the fair market value not to exceed original invoice price and to permit the heirs or successors reasonable access to the premises for a reasonable period of time.
Cite this article: FindLaw.com - Utah Code Title 13. Commerce and Trade § 13-12-5. Death of dealer or lessee--Distributor to cooperate with heirs--Offer to purchase--Reasonable access to premises - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-13-commerce-and-trade/ut-code-sect-13-12-5/
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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