House Journal: Page 835: Monday, March 20, 2000
27 franchise, of the franchisee's inventory, supplies,
28 equipment, and furnishings purchased from the
29 franchisor or approved supplier, and good will,
30 exclusive of personalized materials which have no
31 value to the franchisor, and inventory, supplies,
32 equipment, and furnishings not reasonably required in
33 the conduct of the franchise business. However,
34 compensation need not be made to a franchisee for good
35 will if the franchisee is given one year's notice of
36 nonrenewal and the franchisor agrees in writing not to
37 enforce any covenant which restrains the franchisee
38 from competing with the franchisor. a franchisor may
39 offset against amounts owed to a franchisee under this
40 subsection any amounts owed by such franchisee to the
42 22. Page 14, by inserting after line 3 the
44 "Punitive damages may also be awarded if an act or
45 omission of the franchisor, which constitutes the
46 violation of this section, occurs with malice or
47 reckless disregard for the statutory or contractual
48 rights of the franchisee."
49 23. By renumbering as necessary.
Weigel of Chickasaw moved the adoption of amendment H-1517A.
Speaker Siegrist in the chair at 5:03 p.m.
Amendment H-1517A lost.
Weigel of Chickasaw asked and received unanimous consent to
withdraw amendments H-1517B and H-1517C.
Ford of Polk offered the following amendment H-1543 filed by him
and Metcalf of Polk and moved its adoption:
1 Amend Senate File 324, as amended, passed, and
2 reprinted by the Senate, as follows:
3 1. Page 6, by inserting after line 32 the
5 " ___. a franchisor shall not discriminate against
6 a proposed transferee of a franchise on the basis of
7 race, color, national origin, religion, sex, or
9 2. By relettering as necessary.
© 2000 Cornell College and
League of Women Voters of Iowa
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Last update: Tue Mar 21 13:35:00 CST 2000