Agreements subject to chapter; applicability of terms and conditions of transferred agreements

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  1. This chapter shall apply to agreements entered into or renewed after April 7, 1995.
  2. A transferee of a wholesaler that continues in business as a wholesaler shall have the benefit of and be bound by all terms and conditions of the agreement with the supplier in effect on the date of the transfer, except that a transfer of a wholesaler's business which requires supplier's consent or approval but is disapproved by the supplier shall be null and void.


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