322D.5 - DEATH OF A FRANCHISEE OR MAJORITY STOCKHOLDER. - Iowa Statutes

322D.5 DEATH OF A FRANCHISEE OR MAJORITY STOCKHOLDER. If the franchisee is a natural person, the rights under this chapter may be exercised by the heirs of the franchisee upon the death of the franchisee. If the franchisee is a business organization, the rights may be exercised by the heirs of a majority stockholder of the franchisee upon the death of the majority stockholder.          Section History: Recent Form 84 Acts, ch 1087, § 5