322D.5 Death of a franchisee or majority stockholder.
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.
84 Acts, ch 1087, §5
Structure Iowa Code
Chapter 322D - FARM IMPLEMENT, MOTORCYCLE, AUTOCYCLE, SNOWMOBILE, AND ALL-TERRAIN VEHICLE FRANCHISES
Section 322D.2 - Franchisee’s rights to payment.
Section 322D.4 - Franchiser failure to comply — civil penalty.
Section 322D.5 - Death of a franchisee or majority stockholder.
Section 322D.6 - Security interests not affected.
Section 322D.7 - Application — farm implement franchise agreements.
Section 322D.8 - Application — motorcycle or autocycle franchise agreements.
Section 322D.9 - Application — all-terrain vehicles.
Section 322D.10 - Application — snowmobile franchise agreements.