Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
A producer shall disclose in writing to any prospective dealer the following information, before any franchise is concluded:
(1) The gallonage volume history, if any, of the location under negotiation for and during the three-year period immediately past or for the entire period which the location has been supplied by the producer, whichever is shorter;
(2) The name and last-known home address of the previous dealer or dealers for the last three years, or for and during the entire period for which the location has been supplied by the producer, whichever is shorter, and the reason or reasons for the termination of each dealer franchise;
(3) Any legally binding commitments for the sale, demolition or other disposition of the location;
(4) The training programs, if any, and the specified goods and services the producer will provide for and to the dealer;
(5) Full disclosure of any and all obligations which will be required of the dealer, including, but not limited to, any obligation to exclusively deal in any of the products of the producer, its subsidiaries, any other company or any advertising and promotional items that the dealer must accept;
(6) Full disclosure of all restrictions on the sale, transfer, renewal and termination of the agreement.
Cite this article: FindLaw.com - West Virginia Code Chapter 47. Regulation of Trade § 47-11C-4. Disclosures to prospective dealers - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-47-regulation-of-trade/wv-code-sect-47-11c-4/
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.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)