Terms Used In Vermont Statutes Title 9 Sec. 4103

  • Agreement: is a ny written agreement between a petroleum supplier and a gasoline dealer under which the gasoline dealer is granted the right to use a trademark, trade name, service mark, or other identifying symbol or name owned by the supplier. See
  • Dealer: means any person who is not a petroleum supplier engaged in the retail sale of gasoline to the motoring public in the State under agreements entered into with a petroleum supplier. See
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Supplier: means any person engaged in the sale, consignment, or distribution of petroleum products to retail outlets. See

§ 4103. Supplier‘s disclosure to dealer

A supplier shall disclose in writing to any prospective dealer the following information, before any agreement is concluded:

(1) the gallonage volume history, if any, of the location under negotiation for and during the three-year period immediately past or for the entire period that the location has been supplied by the supplier, whichever is shorter;

(2) the name and last known address of the previous dealer or dealers for the last three years, or for the entire period during which the location has been supplied by the supplier, whichever is shorter, and the reason or reasons for the termination, if unilateral by the supplier, of each dealer agreement;

(3) any legal document committing the location for sale, demolition, or other disposition in effect prior to the termination date of the agreement;

(4) the training programs, if any, and the specific goods and services the supplier will provide without cost to the dealer;

(5) full disclosure of any and all documents or obligations that the dealer will be required to execute at the inception of the relationship; and

(6) full disclosure of all restrictions on the sale, transfer, renewal, and termination of the agreement that are not covered by the documents submitted under subdivision (5) of this section. (Added 1975, No. 83, § 1.)