{"data":{"id":"us-ut/utah-code-13-58-402","jurisdiction":"us-ut","citation":"Utah Code § 13-58-402","heading":"Termination without time to cure.","body":"A manufacturer or distributor may terminate an agreement with a motorboat dealer upon written notice and without a cure period described in Section 13-58-302, if:\n(1) the motorboat dealer:\n(a) financially defaults to the manufacturer, the distributor, or a financing source;\n(b) becomes subject to an order for relief, as defined in 11 U.S.C. Sec. 102;\n(c) files a voluntary petition in bankruptcy;\n(d) has had an involuntary petition in bankruptcy filed against the motorboat dealer;\n(e) engages in an act of material fraud in relation to the performance of a right or obligation under the agreement;\n(f) is a corporation that ceases to exist;\n(g) becomes insolvent;\n(h) takes or fails to take an action that constitutes an admission of inability to pay debts as the debts mature;\n(i) makes a general assignment for the benefit of creditors to an agent authorized to liquidate any substantial amount of assets;\n(j) applies to a court for the appointment of a receiver for any assets or properties;\n(k) fails to substantially comply with a federal, state, or local law, rule, regulation, ordinance, or order applicable to the agreement;\n(l) receives three valid notices of a default under Section 13-58-302 for the same default within a 12-month period, regardless of whether the dealer cures the default;\n(m) transfers an interest in the dealership without the manufacturer's written consent;\n(n) has pleaded guilty to or has been convicted of a felony, or of any misdemeanor relating to the relationship between the motorboat dealer and manufacturer;\n(o) or one of the owners of the motorboat dealer is convicted or enters a plea of nolo contendere to a felony; or\n(p) makes a material misrepresentation;\n(2) there is a closeout or sale of a substantial part of the dealer's assets related to the motorboat dealership;\n(3) there is a commencement or dissolution or liquidation of the motorboat dealership;\n(4) there is a change without the prior written approval of the manufacturer in the location of the motorboat dealer's principal place of business under the dealership agreement; or\n(5) the motorboat dealer's license is suspended, revoked, or is not renewed.","path":["Title 13 Commerce and Trade","Chapter 13-58 Motorboat Agreements Act","Part 13-58-4 Termination or Nonrenewal of Agreements"],"source_url":"https://le.utah.gov/xcode/Title13/Chapter58/13-58-S402.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"cab9c89ec78112b8bd5b60bd1c2a67513e3570d3a84b21014f4d5b184085f9a0","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-13-58-401","next":"us-ut/utah-code-13-59-101"},"notice":"GroundRules: Original legal text. Not legal advice."}