Dealership agreements, good cause needed to terminate or cancel
A boat or watercraft maker cannot end or cancel a dealer's contract without a good reason. The law lists specific things that count as a good reason, like the dealer going bankrupt, moving locations without permission, committing a crime, or acting in a way that harms customers or the public.
407.1362. s, needed to terminate or cancel. — No boat, marine, , or , directly or through any officer, or employee, may terminate, cancel or fail to renew a dealership agreement of a boat, marine, or vessel without good cause. In addition, good cause shall exist whenever:
(1) The boat, marine, vessel, or personal watercraft has transferred an interest in the dealership without the manufacturer's written ;
(2) The boat, marine, vessel, or personal watercraft dealer has filed a or has had an filed against it which has not been within thirty days after the ;
(3) There has been a or sale of a substantial part of the dealer's related to the boat, marine, vessel, or personal watercraft dealership or there has been a or or of the dealership;
(4) There has been a change without the prior written approval of the manufacturer in the location of the dealer's under the dealership agreement;
(5) The boat, marine, vessel, or personal watercraft dealer has defaulted under any or other between the dealer and the boat, marine, vessel, or personal watercraft manufacturer or there has been a or discontinuance of any guarantee of the dealer's present or future obligations to the boat, marine, or vessel;
(6) The boat, marine, vessel, or personal watercraft dealer has failed to operate in the normal course of business for thirty days or has otherwise his or her business, unless otherwise provided for in the ;
(7) The boat, marine, vessel, or personal watercraft dealer has guilty to or has been of a , or of any relating to the relationship between the dealer and manufacturer;
(8) The dealer has engaged in conduct which is injurious or to the dealer's customers or to the public welfare.
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Source & history notes
(L. 2004 H.B. 1288)
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.