Kentucky Statutes 272A.7-030 – Duration of marketing contracts
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The initial duration of a marketing contract may not exceed ten (10) years, but the contract may be self-renewing for additional periods not exceeding five (5) years each. Unless the contract provides for another manner or time for termination, either party may terminate the contract by giving notice in a record at least ninety (90) days before the end of the current term.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 160, sec. 52, effective July 12, 2012.
Effective: July 12, 2012
Terms Used In Kentucky Statutes 272A.7-030
- Contract: A legal written agreement that becomes binding when signed.
History: Created 2012 Ky. Acts ch. 160, sec. 52, effective July 12, 2012.