Mich. Comp. Laws § 445.545: Sale, transfer, or exchange of dealership; consent; criteria; prohibited conduct.
Where this section sits in the code
- MI Code
- Chapter 445
- Act Act-88-of-1989
Sec. 5.
A manufacturer or distributor shall not unreasonably withhold consent to the sale, transfer, or exchange of a dealership to a person who meets the criteria set forth in the dealer agreement.
Failure to respond within 60 days of receipt of a written request for the sale, transfer, or exchange of a dealership shall be considered consent to the request.
Except for a material breach of the lease, a manufacturer or distributor shall not terminate, cancel, fail to renew, or discontinue a lease of a new watercraft dealer's place of business.
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