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9-32-13-12. Restraint by manufacturer or distributor of sale or transfer of interest by dealer

IN Code § 9-32-13-12 (2019) (N/A)
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Sec. 12. It is an unfair practice for a manufacturer or distributor to prevent or require, or attempt to prevent or require, by contract or otherwise, a dealer or an officer, a partner, or a stockholder of a dealer to sell or transfer a part of the interest of the officer, partner, or stockholder to any other person. A dealer, an officer, a partner, or a stockholder may not sell, transfer, or assign the franchise or a right under the franchise without the consent of the manufacturer or distributor. This consent may not be withheld unreasonably.

As added by P.L.92-2013, SEC.78.

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9-32-13-13. Manufacturer or distributor preventing dealer from fair competition