This law covers two types of contracts. First, it covers contracts that were already active and have no end date, plus any new or renewed contracts made after September 28, 1987. Second, if a contract was already in place on September 28, 1987, and had its own set end date, the old law (before that date) still applies to it.
407.885. to existing contracts and future contracts. — The of sections 407.850 to 407.885 shall apply to all valid contracts now in effect which have no expiration date and are , and all other contracts entered into or renewed after September 28, 1987. Any contract in force and effect on September 28, 1987, which by its own terms terminate on a date subsequent shall be governed by the law as it existed prior to September 28, 1987.
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Source & history notes
(L. 1982 H.B. 958 § 8, A.L. 1987 S.B. 35)
Related Missouri laws
Death of retailer or majority stockholder
RSMo 407.880
Liability for failure to repurchase inventory
RSMo 407.875
Manufacturer, wholesaler or distributor not to terminate contract except for good cause
RSMo 407.895
Law to apply to successors in interest
RSMo 407.897
Civil action for unlawful termination of contract, authorized
RSMo 407.898
Inventory which does not qualify for repurchase
RSMo 407.870
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.