A supplier or an affiliate of a supplier who has an option to purchase, or an option to lease or extend the lease of a facility occupied by a dealer, who determines not to exercise the option, shall offer to assign or otherwise transfer the option to the dealer. The supplier may charge the dealer a reasonable legal and administrative cost for transfer of the option. Options to purchase, or lease or extend the lease of a facility created after May 6, 2000, are assignable to the dealer who occupies the facility. If the dealer exercises the option, the supplier or affiliate is not liable for the performance of the dealer pursuant to the option or the underlying lease after the option is exercised.
2000 c 456 s 20
Structure Minnesota Statutes
Chapters 80B - 81A — Commercial Regulations
Chapter 80F — Motor Vehicle Fuel Franchises
Section 80F.02 — Required Disclosures.
Section 80F.03 — Survivorship.
Section 80F.04 — Elimination Of Service Bays Prohibited.
Section 80F.05 — Hours Of Operation.
Section 80F.06 — Other Businesses On Premises.
Section 80F.07 — Price Controls.
Section 80F.08 — Promotional Requirements.
Section 80F.09 — Disposition Of Product.
Section 80F.10 — Free Association.
Section 80F.11 — Release And Waiver.
Section 80F.12 — Security Deposit.
Section 80F.13 — Violation Of Law.
Section 80F.15 — Assignment Of Facility Lease Option.