12-9-108. Notice for terminating an agreement.
(a) Notwithstanding any agreement and except as otherwise provided in this act, the manufacturer shall furnish written notice of the termination, cancellation, nonrenewal or discontinuance of an agreement to the distributor not less than thirty (30) days before the effective date of the termination, cancellation, nonrenewal or discontinuance. In no event shall the contractual term of any agreement expire, without the written consent of the malt beverage distributor involved, prior to the expiration of at least thirty (30) days following the written notice. The notice shall be by certified mail and shall contain the following:
(i) A statement of intention to terminate, cancel, not renew or discontinue the agreement;
(ii) A statement of the reason for the termination, cancellation, nonrenewal or discontinuance; and
(iii) The date on which the termination, cancellation, nonrenewal or discontinuance takes effect.
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