Succession in dealerships, conditions, restrictions and prohibitions
A car or RV dealer gets to pick a family member to take over the dealership if the dealer dies, becomes unable to work, or retires. The manufacturer (the company that makes the vehicles) cannot block that family member from taking over unless the manufacturer sends written objections explaining why. The manufacturer has to prove the family member is not a good fit — for example, bad credit, a felony conviction, or missing licenses. For RV dealerships specifically, a family member cannot take over if it means moving the business or changing the deal, unless the manufacturer agrees.
407.1335. in s, conditions, and prohibitions. — It is for any to fail to provide a an opportunity to , in writing, a member of the dealer's family as a to the dealership in the event of the death, , or retirement of the dealer. It shall be unlawful to prevent or refuse to honor the succession to a dealership by a member of the family of the deceased, retired or dealer unless the manufacturer has provided to the dealer written notice of its objections. Grounds for objection shall be lack of , of a , lack of required licenses or business or other conditions which make such succession unreasonable under the circumstances, but the manufacturer shall bear the the unreasonableness of such succession. However, no member of the family may succeed to an RV dealership if the succession to the RV dealership involves, without the manufacturer's , a of the business or an alteration of the terms and conditions of the written agreement.
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Source & history notes
(L. 2001 H.B. 575) Effective 8-01-02
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.