Louisiana Revised Statutes 26:809 – Application to future agreements; transferee continues under agreement
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Terms Used In Louisiana Revised Statutes 26:809
- Agreement: means any agreement between a wholesaler and a supplier, whether oral or written, whereby a wholesaler is granted the right to purchase and sell a brand or brands of beer sold by a supplier. See Louisiana Revised Statutes 26:802
- Supplier: means a manufacturer or importer of beer and light wine brands as registered with the commissioner. See Louisiana Revised Statutes 26:802
- Wholesaler: means a wholesaler of beer and light wine as licensed under this Title. See Louisiana Revised Statutes 26:802
A. This Chapter shall apply to agreements entered into or renewed after May 26, 1993.
B. A transferee of a wholesaler that continues in business as a wholesaler shall have the benefit of and be bound by all terms and conditions of the agreement with the supplier in effect on the date of the transfer. However, a transfer of a wholesaler’s business which requires the supplier’s consent or approval but is disapproved by the supplier shall be null and void.
Acts 1993, No. 132, §1, eff. May 26, 1993.