67-7-19 - Agreements subject to chapter; applicability of terms and conditions of transferred agreements. - Mississippi Statutes

§ 67-7-19. Agreements subject to chapter; applicability of terms and conditions of transferred agreements.
 

(1)  This chapter shall apply to agreements entered into or renewed after April 7, 1995. 

(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, except that a transfer of a wholesaler's business which requires supplier's consent or approval but is disapproved by the supplier shall be null and void. 
 

Sources: Laws,  1995, ch. 619, § 10, eff from and after passage (approved April 7, 1995).