Amends existing law to revise certain supplier violation provisions; to provide that the fact a dealer agreement allows an event, act or omission does not control whether such event, act or omission resulted in a substantial change in the dealer's competitive circumstances; to provide that a supplier shall provide written notice to an equipment dealer of any substantial change in the dealer's competitive circumstances; and to provide for content of the notice.
FARM EQUIPMENT AGREEMENTS -- Amends existing law to revise certain supplier violation provisions; to provide that the fact a dealer agreement allows an event, act or omission does not control whether such event, act or omission resulted in a substantial change in the dealer's competitive circumstances; to provide that a supplier shall provide written notice to an equipment dealer of any substantial change in the dealer's competitive circumstances; and to provide for content of the notice.
STATEMENT OF PURPOSE
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The purpose of this legislation is to provide clarification of the original legislative intent of the Idaho Equipment Dealer Protection Statute by prohibiting equipment suppliers from substantially changing the equipment dealer's competitive circumstances without good cause. This legislation also adds clarity to ensure that persons interpreting this statute understand that the terms of a dealer agreement may not impact the determination of whether there has been a substantial change in the dealer's competitive circumstances.
LATEST ACTION
Reported Printed and Referred to Business
BILL INFO
- Session
- 2018
- Chamber
- house
- Status date
- Jan 30, 2018