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MARVIN MANDEL, Governor 1767
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Gasoline Marketing Agreements
FOR the purpose of providing that a mutual cancellation
of a marketing agreement shall be void and
unenforceable unless it includes certain provisions.
BY repealing and reenacting, with amendments,
Article - Commercial Law
Section 11-305(1)
Annotated Code of Maryland
(1975 Volume and 1976 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 11-305(1) of Article - Commercial
Law, of the Annotated Code of Maryland (1975 Volume and
1976 Supplement) be and it is hereby repealed and
reenacted, with amendments, to read as follows:
Article — Commercial Law
11-305.
Subject to the notice requirements of § 11-306, in
any action filed under this subtitle which is based on a
termination or cancellation of a marketing agreement, it
is a defense that the marketing agreement was terminated
or cancelled:
(1) By mutual agreement of the parties[;], PROVIDED
HOWEVER, THAT THE MUTUAL AGREEMENT IS VOID AND
UNENFORCEABLE UNLESS IT CLEARLY STATES THAT IT IS NOT
EFFECTIVE UNTIL TEN DAYS THE SEVENTH BUSINESS DAY AFTER
THE DATE OF ITS EXECUTION DURING WHICH TIME EITHER THE
DEALER OR THE DISTRIBUTOR HAVE THE ABSOLUTE RIGHT TO
RESCIND SUCH MUTUAL AGREEMENT BY WRITTEN NOTICE TO THE
OTHER.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977.
Approved April 29, 1977.
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CHAPTER 164
(Senate Bill 152)
AN ACT concerning
Motor Vehicle Operators — Tests for Blood—Alcohol
Level
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![clear space](../../../images/clear.gif) |