§ 753.
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/vt/title-7/chapter-23/753A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 753. Cancellation of franchise
(a)The terms of a franchise between the certificate of approval holder or manufacturer and the wholesale dealer shall govern the right to cancel, terminate, refuse to continue, or to cause a wholesale dealer to relinquish a franchise.
(b)In the absence of a provision in a written franchise agreement to the contrary, the certificate of approval holder or manufacturer may cancel, terminate, refuse to continue, or cause the wholesale dealer to relinquish the franchise for good cause as provided pursuant to section 754 of this subchapter.
(c)In the absence of a provision in a written franchise agreement to the contrary, the certificate of approval holder or manufacturer may cancel, terminate, refuse to continue, or cause the wholesale dealer to relinquish the franchise for no cause as provided pursuant to section 755 of this subchapter. (Added 2017, No. 145 (Adj. Sess.), § 5, eff. Jan. 1, 2019; amended 2017, No. 145 (Adj. Sess.), § 8, eff. July. 1, 2022.)