Arizona Laws 44-1552. Disclosures to be made by distributor before conclusion of agreement
A distributor shall disclose to any prospective dealer the following information before any franchise agreement is concluded:
Terms Used In Arizona Laws 44-1552
- Dealer: means any person engaged in the retail sale of petroleum products supplied under a distributorship, franchise or other agreement, entered into with a distributor. See Arizona Laws 44-1551
- Distributor: means any person engaged in the sale, consignment or other distribution of petroleum products to dealers at retail outlets serving the general motoring public. See Arizona Laws 44-1551
- franchise agreement: means a written agreement between a distributor and a dealer under which the dealer is granted the right to use a trademark, trade name, service mark or other identifying symbol or name owned by the distributor, under which the dealer is granted the right to occupy premises owned, leased, or controlled by the distributor, for the purpose of engaging in the retail sale of petroleum products of the distributor. See Arizona Laws 44-1551
- Petroleum products: means motor vehicle fuels and lubricants. See Arizona Laws 44-1551
1. The gallonage volume history of gasoline sold to the previous dealer or dealers at the same premises and during a three-year period immediately past or such shorter period during which the same premises were used for engaging in the sale of gasoline while the franchise or business operation was in effect.
2. To the extent previously made available to the distributor, the name and last known address of the previous dealer or dealers for the preceding three years or such shorter period during which the premises were used for engaging in the sale of petroleum products.
3. Any legally binding commitments for the sale, demolition or other disposition of the location.
4. The training programs, if any, and the specific goods and services the distributor will provide for and to the dealer.
5. Full disclosure of any and all obligations which will be required of the dealer.
6. Full disclosure of all restrictions on the sale, transfer and termination of the agreement. Any disclosure required by this section may be made in the body of the franchise agreement or separately.