Sec. 6.
If a designated successor is not able to succeed the new watercraft dealer because of the designated successor's death or legal incapacity, the dealer, within 60 days after that death or incapacity, shall execute a new document nominating a designated successor.
History: 1989, Act 88, Imd. Eff. June 20, 1989
Structure Michigan Compiled Laws
Chapter 445 - Trade and Commerce
Section 445.541 - Meanings of Words and Phrases.
Section 445.542 - Definitions.
Section 445.544 - Contents of Dealer Agreement.
Section 445.545 - Sale, Transfer, or Exchange of Dealership; Consent; Criteria; Prohibited Conduct.
Section 445.546 - Inability of Designated Successor to Succeed New Watercraft Dealer.