has an agreement with a manufacturer of motorboats to distribute motorboats within this state; and
(b)
in whole or in part sells or distributes motorboats to motorboat dealers. See Utah Code 13-58-102
Manufacturer: means a person engaged in the business of constructing, manufacturing, assembling, producing, or importing new motorboats for the purpose of sale or trade. See Utah Code 13-58-102
is engaged in the business of buying, selling, offering for sale, or exchanging new motorboats either outright or on conditional sale, bailment, lease, chattel mortgage, or otherwise; and
(b)
has established in this state a place of business for the sale, lease, trade, or display of new motorboats. See Utah Code 13-58-102
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2)
An agreement shall include:
(a)
each working capital standard, inventory standard, facility standard, equipment standard, and tool standard, if any, including each agreed upon minimum product stocking requirement;
(b)
provisions for termination or nonrenewal of the agreement;
(c)
the designation of a successor motorboat dealer in the event of the motorboat dealer’s death or disability;
(d)
the obligations of the manufacturer, distributor, and motorboat dealer in the preparation and delivery of, and warranty service on, new motorboats and new motorboat motors;
(e)
the obligations of the manufacturer, distributor, and new motorboat dealer upon termination of the agreement, including obligations in relation to:
(i)
inventory of new motorboats;
(ii)
inventory of new motorboat motors;
(iii)
inventory of parts;
(iv)
equipment;
(v)
furnishings;
(vi)
special tools; and
(vii)
required signs;
(f)
each standard for maintenance of:
(i)
a dedicated or self-funded line of credit, if any; and
(ii)
a trade-in line of credit or self-funded trade-in line of credit, if any; and
