Massachusetts H435 amends successor supplier laws to clarify the definition and obligations of successor suppliers.
Massachusetts H435 amends successor supplier laws by inserting a new section defining a "successor supplier" as any person acquiring the right to sell brand items to a licensed wholesaler. This includes any sales made before the succession. The successor supplier must honor existing agreements between the wholesaler and the original supplier. This change aims to ensure continuity in the supplier-wholesaler relationship and protect the rights of licensed wholesalers.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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