Applicability of subchapter to future agreements — Transferee continues under agreement

Ark. Code Ann. § 3-5-1103, under Beer and Wine — Manufacture, Sale, and Transportation Generally.

Ark. Code Ann. § 3-5-1103

(a) This subchapter shall apply to agreements entered into or renewed after January 31, 1991.

(b) (1) A transferee of a wholesaler that continues in business as a wholesaler shall have the benefit of and be bound by all terms and conditions of the agreement with the supplier in effect on the date of the transfer.(2) However, a transfer of a wholesaler's business which requires the supplier's consent or approval but is disapproved by the supplier shall be null and void.

(1) A transferee of a wholesaler that continues in business as a wholesaler shall have the benefit of and be bound by all terms and conditions of the agreement with the supplier in effect on the date of the transfer.

(2) However, a transfer of a wholesaler's business which requires the supplier's consent or approval but is disapproved by the supplier shall be null and void.