Motorboat dealer default.

  1. Law
  2. Utah Code
  3. Commerce and Trade
  4. Motorboat Agreements Act
  5. Default
  6. Motorboat dealer default.

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  • (1) materially fails to:
    • (a) meet minimum product stocking requirements as specified under the agreement;
    • (b) make timely payment of a material obligation as specified under the agreement; or
    • (c) meet an applicable standard, as specified by the agreement, for:
      • (i) a dedicated or self-funded line of credit; or
      • (ii) a trade-in or self-funded trade-in line of credit; or
  • (2) markets the manufacturer's motorboats outside of the motorboat dealer's territory in violation of the agreement.




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