South Carolina Code 56-16-70. Dealer’s voluntary cancellation, nonrenewal, or termination of franchise agreement
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 56-16-70
- Franchise: means the written agreement or contract between any new motorcycle manufacturer, and any new motorcycle dealer which purports to fix the legal rights and liabilities of the parties to such agreement or contract, and pursuant to which the dealer purchases and resells the franchised product or leases or rents the dealership premises. See South Carolina Code 56-16-10
The provisions of paragraphs (d) and (e) of § 56-16-40 are not applicable when the termination, nonrenewal, or cancellation of the franchise agreement is the result of the voluntary act of the dealer.