Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

1998 Florida Statutes

SECTION 409
Compensation for inventory upon refusal to renew, termination of, or restriction on transfer of a franchise.

686.409  Compensation for inventory upon refusal to renew, termination of, or restriction on transfer of a franchise.--It is unlawful for the manufacturer, distributor, wholesaler, or franchisor, without due cause, to fail to renew a franchise on terms then equally available to all her or his tractor or farm equipment dealers, to terminate a franchise, or to restrict the transfer of a franchise unless the franchisee receives fair and reasonable compensation for the inventory of the business. As used in this section, the term "due cause" shall be construed in accordance with the definition of due cause contained in s. 686.413(3)(c)2.

History.--s. 10, ch. 84-217; s. 739, ch. 97-102.