New Hampshire Revised Statutes 420-I:5 – Effect on Current Contracts
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Hampshire Revised Statutes 420-I:5
- Contract: A legal written agreement that becomes binding when signed.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
No person who is party to an exclusive arrangement on the effective date of this chapter shall renew or extend any such exclusive arrangement after the effective date of this act. No provision of any contract or agreement establishing an exclusive arrangement shall be effective after the earliest date on which any party to the arrangement may terminate the exclusive nature of the arrangement. All exclusive arrangements shall be unlawful on and after the date set out at N.H. Rev. Stat. § 420-I:2, II. Any exclusive arrangement entered into, extended or maintained in violation of this chapter shall be void and unenforceable.