322D.5 Death of a franchisee or majority stockholder.
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/ia/chapter-322d-farm-implement-and-select-vehicle-franchises/322d-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the franchisee is a natural person, the rights under this chapter may be exercised by the heirs of the franchisee upon the death of the franchisee. If the franchisee is a business organization, the rights may be exercised by the heirs of a majority stockholder of the franchisee upon the death of the majority stockholder.