Mississippi HB816 — Fresh Start Act of 2019; revises applicability.
Mississippi HB816, the Fresh Start Act of 2019, revises the applicability of the Fresh Start Act. The bill outlines specific circumstances under which a manufacturer or distributor can object to a change in ownership of a dealership. These include prior termination of the transferee, felony convictions, lack of required licenses, bankruptcy, and insolvency. The bill also details the process for handling objections, including notice requirements and the burden of proof on the manufacturer or distributor. It emphasizes the importance of maintaining good standing and integrity in the industry.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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