{"data":{"id":"us-in/ic-7.1-3-25-7","jurisdiction":"us-in","citation":"IC 7.1-3-25-7","heading":"Determination of fair market value of wholesaler's distribution rights","body":"Sec. 7. A successor's designee shall negotiate with the existing wholesaler to determine the fair market value of the existing wholesaler's right:\n(1) to distribute the product in the existing wholesaler's territory immediately before the successor acquired rights to the product under section 5 of this chapter; and\n(2) as determined in an arms length transaction entered into without duress or threat of termination of the initial wholesaler's right described in subdivision (1).","path":["TITLE 7.1. ALCOHOL AND TOBACCO","ARTICLE 3. PERMITS","Chapter 25. Product Transfer Between Wholesalers"],"source_url":"https://iga.in.gov/ic/2026/Title_7.1.html#7.1-3-25-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-12T01:57:19Z","sha256":"68db6749d978540804b420242e3ebba57e621a578735407c9bb704bb17cb48c5","source_id":"us-in","stale":false,"prev":"us-in/ic-7.1-3-25-6","next":"us-in/ic-7.1-3-25-8"},"notice":"GroundRules: Original legal text. Not legal advice."}