An act relating to designating a franchise relationship

Summary

The bill creates a new chapter of statutes that defines franchise relationships and sets detailed standards for how franchisors can terminate, renew, or sell a franchise. It gives franchisees rights to fair notice, inventory buy‑back, transfer of ownership, and protection from non‑compete clauses and unfair contract terms. The goal is to balance the bargaining power between franchisors and franchisees and to provide clear legal recourse for violations.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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