Notice to dealer of cancellation, content
When a farm equipment company wants to end its agreement with a dealer, it must give the dealer at least 90 days written notice first. The notice has to explain the reasons, and the dealer gets 60 days to fix the problem. If the dealer fixes the problem in time, the notice is cancelled and the agreement stays. This process does not apply in certain serious situations listed in another law.
407.842. Notice to of , content — dealer has sixty days to — exceptions. — Except as otherwise provided in this section, a farm equipment shall provide a farm equipment dealer at least ninety days' prior written notice of , cancellation or of the . The notice shall state all reasons constituting for termination, cancellation or nonrenewal and shall provide that the dealer has sixty days in which to any claimed . If the deficiency is rectified within sixty days, the notice shall be . The notice and right to cure under this section shall not apply if the reason for termination, cancellation or nonrenewal is for any reason set forth in (1) to (8) of section 407.840.
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Source & history notes
(L. 1987 S.B. 35)
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