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Text: H03099                            Text: H03101
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House Amendment 3100

Amendment Text

PAG LIN
  1  1    Amend House File 126 as follows:
  1  2    #1.  Page 1, line 5, by inserting before the word
  1  3 "A" the following:  "1."
  1  4    #2.  Page 1, line 19, by inserting after the word
  1  5 "franchise" the following:  "but does prohibit a
  1  6 franchisor from exercising a right of first refusal
  1  7 with respect to a transfer of a franchise to a
  1  8 surviving spouse or heir who is seeking to qualify as
  1  9 a franchisee or who becomes qualified as a
  1 10 franchisee".
  1 11    #3.  Page 1, by inserting after line 23 the
  1 12 following:
  1 13    "2.  A transfer of interest in a franchise within
  1 14 an existing ownership group of a franchise shall not
  1 15 be refused by a franchisor and shall not be considered
  1 16 a transfer subject to a right of first refusal,
  1 17 provided that more than fifty percent of a franchise
  1 18 is held by persons who meet the franchisor's
  1 19 reasonable current qualifications for franchisees." 
  1 20 
  1 21 
  1 22                              
  1 23 DODERER of Johnson
  1 24 
  1 25 
  1 26                              
  1 27 KREMER of Buchanan
  1 28 HF 126.210 76
  1 29 mj/jj
     

Text: H03099                            Text: H03101
Text: H03100 - H03199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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