Sec. 13. If the existing wholesaler does not receive payment of the compensation under section 7 or 11 of this chapter not later than thirty (30) days after the date of the settlement or arbitration award:
(1) the existing wholesaler shall remain the distributor of the product in the existing wholesaler's territory to at least the same extent that the existing wholesaler distributed the product immediately before the successor acquired rights to the product; and
(2) the existing wholesaler is not entitled to the settlement or arbitration award.
As added by P.L.224-2005, SEC.19.
Structure Indiana Code
Title 7.1. Alcohol and Tobacco
Chapter 25. Product Transfer Between Wholesalers
7.1-3-25-1. "Existing Wholesaler"
7.1-3-25-4. "Successor's Designee"
7.1-3-25-4.5. Transfer of Products Meeting Sales Percentage Threshold Prohibited
7.1-3-25-5. Successor Requirements
7.1-3-25-6. Notice to Wholesaler of Change in Territory
7.1-3-25-7. Determination of Fair Market Value of Wholesaler's Distribution Rights
7.1-3-25-8. Territory Continues Until Compensation Received
7.1-3-25-10. Location of Arbitration Proceedings; General Provisions
7.1-3-25-11. Monetary Award Only
7.1-3-25-12. Arbitration Costs; Decision of Arbitrator Binding
7.1-3-25-13. Failure to Receive Compensation
7.1-3-25-14. Good Faith Settlements Not Prohibited
7.1-3-25-15. Not Applicable to Wholesaler's Breach of Distribution Agreement