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Section 56:10-13.6 - Violations by franchisor

NJ Rev Stat § 56:10-13.6 (2019) (N/A)
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56:10-13.6. Violations by franchisor

5. It shall be a violation of the "Franchise Practices Act," P.L.1971, c.356 (C.56:10-1 et seq.), for a motor vehicle franchisor to exercise a right of first refusal or other right to acquire a motor vehicle franchise from a motor vehicle franchisee as a means to influence the consideration or other terms offered by a person in connection with the acquisition of the motor vehicle franchise or to influence a person to refrain from entering into, or to withdraw from, negotiations for the acquisition of the motor vehicle franchise.

L.1993,c.189,s.5.

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Section 56:10-13.7 - Exceptions to violations by franchisor, "acquiring transferee" defined