RCW 46.96.035
Payment of fair market value of dealer goodwill upon request and termination, cancellation, or nonrenewal of franchise.
(1) In the event of a termination, cancellation, or nonrenewal under this chapter, except for a termination, cancellation, or nonrenewal under RCW 46.96.070(2), or a voluntary termination, cancellation, or nonrenewal initiated by the dealer, the manufacturer shall, at the request and option of the new motor vehicle dealer, also pay to the new motor vehicle dealer the fair market value of the motor vehicle dealer's goodwill for the make or line as of the date immediately preceding any communication to the public or dealer regarding termination. To the extent the franchise agreement provides for the payment or reimbursement to the new motor vehicle dealer in excess of the value specified in this section, the provisions of the franchise agreement control.
(2) The manufacturer shall pay the new motor vehicle dealer the value specified in subsection (1) of this section within ninety days after the date of termination.
[ 2010 c 178 § 8.]
Structure Revised Code of Washington
Chapter 46.96 - Manufacturers' and Dealers' Franchise Agreements.
46.96.010 - Legislative findings.
46.96.030 - Termination, cancellation, or nonrenewal of franchise restricted.
46.96.040 - Determination of good cause, good faith—Petition, notice, decision, appeal.
46.96.050 - Determination of good cause, good faith—Hearing, decision, procedures—Judicial review.
46.96.060 - Good cause, what constitutes—Burden of proof.
46.96.070 - Notice of termination, cancellation, or nonrenewal.
46.96.080 - Payments by manufacturer to dealer for inventory, equipment, etc.
46.96.090 - Payments by manufacturer for dealership facilities.
46.96.100 - Mitigation of damages.
46.96.110 - Designated successor to franchise ownership.
46.96.140 - Relevant market area—Definition—New or relocated dealerships, notice of.
46.96.150 - Protest of new or relocated dealership—Hearing—Arbitration.
46.96.160 - Factors considered by administrative law judge.
46.96.170 - Hearing—Procedures, costs, appeal.
46.96.185 - Unfair practices—Exemptions—Definitions.
46.96.190 - Prohibited practices by manufacturer.
46.96.194 - Prohibited practices by manufacturer—Dealer waiver of chapter—Exceptions.
46.96.196 - Practices by brand owner.
46.96.200 - Sale, transfer, or exchange of franchise.
46.96.210 - Petition and hearing—Filing fee, costs, security.
46.96.220 - Right of first refusal.
46.96.230 - Manufacturer incentive programs.
46.96.250 - Immunity of franchisees and assigns.