Death of a franchisee or majority stockholder.

Checkout our iOS App for a better way to browser and research.

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


Download our app to see the most-to-date content.