§ 4103 - Supplier's disclosure to dealer - Vermont Statutes

§ 4103. Supplier's disclosure to dealer

A supplier shall disclose in writing to any prospective dealer the following information, before any agreement 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 supplier, whichever is shorter;

(2) the name and last known address of the previous dealer or dealers for the last three years, or for the entire period during which the location has been supplied by the supplier, whichever is shorter, and the reason or reasons for the termination, if unilateral by the supplier, of each dealer agreement;

(3) any legal document committing the location for sale, demolition or other disposition in effect prior to the termination date of the agreement;

(4) the training programs, if any, and the specific goods and services the supplier will provide without cost to the dealer;

(5) full disclosure of any and all documents or obligations which the dealer will be required to execute at the inception of the relationship;

(6) full disclosure of all restrictions on the sale, transfer, renewal and termination of the agreement which are not covered by the documents submitted under subdivision (5) of this section. (Added 1975, No. 83, § 1.)