322D.5 - DEATH OF A FRANCHISEE OR MAJORITY STOCKHOLDER.
322D.5 DEATH OF A FRANCHISEE OR MAJORITY STOCKHOLDER. If the franchisee is a natural person, the rights under this chapter may be exercised by the heirs of the franchisee upon the death of the franchisee. If the franchisee is a business organization, the rights may be exercised by the heirs of a majority stockholder of the franchisee upon the death of the majority stockholder.Section History: Recent Form
84 Acts, ch 1087, § 5