Tennessee Code 47-25-1507 – Waiver of rights

(a) A franchisee may not waive any of the rights granted in any provision of this part, and the provisions of any agreement which would have such an effect shall be null and void.

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Terms Used In Tennessee Code 47-25-1507

Franchisee: means a person to whom a franchise is offered or granted only if such person is required to be licensed under §. See Tennessee Code 47-25-1502
Good faith: means honesty in fact in the conduct or transaction concerned. See Tennessee Code 47-25-1502

(b) Nothing in this part shall be construed to limit or prohibit good faith dispute settlements voluntarily entered into by the parties.

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Tennessee Code 47-25-1507 – Waiver of rights – Settlements

Terms Used In Tennessee Code 47-25-1507

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