Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.27. MARINE PRODUCTS AND MOTORIZED RECREATIONAL PRODUCTS. |
Article 45.27.01. AGREEMENT PRACTICES OF PRODUCT MANUFACTURERS. |
Section 45.27.040. Threat of cancellation or nonrenewal.
Latest version.
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(a) A manufacturer or manufacturer's representative may not coerce or attempt to coerce an authorized dealer to enter into a dealership agreement with the manufacturer or a subsidiary of the manufacturer, or to perform any other act unfair to the authorized dealer, by threatening to terminate a dealership agreement between the manufacturer or subsidiary of the manufacturer and the authorized dealer.
(b) This section does not prohibit a voluntary agreement between a manufacturer and an authorized dealer to settle legitimate disputes.
(c) In this section, "manufacturer's representative" means an employee or agent of a manufacturer who engages in the business of contacting a manufacturer's authorized dealer for the purpose of making or promoting the sale of the manufacturer's products or product parts.
Notes
History
(Sec. 2 ch 28 SLA 2009)