§ 753. Cancellation of franchise
(a) The terms of a franchise between the certificate of approval holder or manufacturer and the wholesale dealer shall govern the right to cancel, terminate, refuse to continue, or to cause a wholesale dealer to relinquish a franchise.
(b) In the absence of a provision in a written franchise agreement to the contrary, the certificate of approval holder or manufacturer may cancel, terminate, refuse to continue, or cause the wholesale dealer to relinquish the franchise for good cause as provided pursuant to section 754 of this subchapter.
(c) In the absence of a provision in a written franchise agreement to the contrary, the certificate of approval holder or manufacturer may cancel, terminate, refuse to continue, or cause the wholesale dealer to relinquish the franchise for no cause as provided pursuant to section 755 of this subchapter. (Added 2017, No. 145 (Adj. Sess.), § 5, eff. Jan. 1, 2019; amended 2017, No. 145 (Adj. Sess.), § 8, eff. July. 1, 2022.)
Structure Vermont Statutes
Title 7 - Alcoholic Beverages, Cannabis, and Tobacco
Chapter 23 - Beer and Wine Franchises
§ 702. Prohibited acts by manufacturer or certificate of approval holder
§ 703. Cancellation of franchise
§ 704. 120 days’ notice for cancellation; rectification
§ 706. Sale to retailers by franchisees
§ 707. Sale or transfer; purchase by manufacturer
§ 709. Heirs, successors, and assigns
§ 753. Cancellation of franchise
§ 754. Cancellation for good cause; notice; rectification
§ 755. Cancellation for no cause; notice; compensation
§ 756. Sale or transfer by wholesale dealer