New Hampshire Revised Statutes 358-E:5 – Acts Unlawful
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It shall be unlawful for any person, in connection with the advertising, offering, contracting, sale or promoting of any distributorship in this state:
I. To fail to comply with any provision of this chapter;
II. To employ any device, scheme or artifice to defraud a distributor;
III. To make any untrue statement of a material fact, or to omit to state a material fact in connection with the documents and information required to be furnished to the attorney general or prospective distributor; and
IV. To make any claim or representation in advertising or promotional material, or in any oral sales presentation, solicitation, or discussion between the grantor and a prospective distributor, which is inconsistent with the information required to be disclosed by this chapter.
I. To fail to comply with any provision of this chapter;
Terms Used In New Hampshire Revised Statutes 358-E:5
- Distributor: means a person to whom a distributorship is granted. See New Hampshire Revised Statutes 358-E:1
- Distributorship: means a contract or agreement, either express or implied, whether oral or written, by which the grantor, in exchange for the payment of a distributorship fee:
(a) Grants the distributor the right to:
(1) Offer, sell or distribute goods manufactured or supplied by the grantor through vending machines, racks, display cases, or other similar devices; or
(2) Purchase from the grantor or an affiliate of the grantor an inventory of products for sale or distribution in or on such vending machines, racks, display cases, or other similar devices; or
(3) Purchase or lease from the grantor or an affiliate of the grantor vending machines, racks, display cases, or other similar devices to be used for the sale or distribution of merchandise; and
(b) Represents that it will provide locations or assist the distributor in finding locations for the use or operation of such vending machines, racks, display cases, or other similar devices on property owned, leased or controlled by a third party. See New Hampshire Revised Statutes 358-E:1 - Person: means any person defined by N. See New Hampshire Revised Statutes 358-E:1
- Prospective distributor: means any person who approaches, or is approached by, a grantor for the purpose of investigating the prospect of establishing a distributorship between such person and such grantor. See New Hampshire Revised Statutes 358-E:1
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
II. To employ any device, scheme or artifice to defraud a distributor;
III. To make any untrue statement of a material fact, or to omit to state a material fact in connection with the documents and information required to be furnished to the attorney general or prospective distributor; and
IV. To make any claim or representation in advertising or promotional material, or in any oral sales presentation, solicitation, or discussion between the grantor and a prospective distributor, which is inconsistent with the information required to be disclosed by this chapter.