Terms Used In Vermont Statutes Title 7 Sec. 708

  • Franchisee: means any malt beverages, vinous beverages, or ready-to-drink spirits beverages wholesale dealer to whom a franchise or agreement as defined in this section is granted or offered, or any malt beverages, vinous beverages, or ready-to-drink spirits beverages certificate of approval holder or manufacturer who is a party to a franchise or agreement as defined in this section. See
  • Franchisor: means any malt beverages, vinous beverages, or ready-to-drink spirits beverages certificate of approval holder or manufacturer who enters into any franchise or agreement with a malt beverages or vinous beverages wholesale dealer, or any malt beverages or vinous beverages certificate of approval holder or manufacturer who is a party to a franchise or agreement as defined in this section. See

§ 708. Merger of franchisor

Once a franchise has been in effect for a period of one year, the merger of the franchisor and a third party shall not void the franchise unless a waiver is received from the franchisee or unless good cause is shown pursuant to section 703 of this title and in accordance with the procedures established in section 704 of this title. (Added 1983, No. 197 (Adj. Sess.), § 8; amended 2017, No. 83, § 128.)