4346
LAWS OF MARYLAND
Ch. 797
WHILE THE SELLER OR FINANCIAL INSTITUTION IS ALSO A
PRODUCER, REFINER, DISTRIBUTOR, MANUFACTURER, TRANSPORTER,
OR MARKETER OF THE GOODS OR SERVICES PETROLEUM PRODUCTS SOLD
ON CREDIT TO THE BUYER, OR WHEN THE SELLER OR FINANCIAL
INSTITUTION OR FINANCIAL INSTITUTION OWNS A FEE SIMPLE OR
LEASEHOLD INTEREST IN THE REAL PROPERTY FROM WHICH THE GOODS
OR SERVICES PETROLEUM PRODUCTS ARE SOLD ON CREDIT TO THE
BUYER.
(II) THE PROVISIONS OF SUBPARAGRAPH (I) OF
THIS PARAGRAPH DO NOT PROHIBIT THE SELLER OR FINANCIAL
INSTITUTION FROM IMPOSING THE CHARGES DESCRIBED IN
SUBPARAGRAPH (I) OF THIS PARAGRAPH FOR PURCHASES OF
NONPETROLEUM PRODUCTS.
(III) FOR PURPOSES OF THIS PARAGRAPH,
"PETROLEUM PRODUCT" HAS THE SAME MEANING AS INDICATED IN
ARTICLE 56, SECTION 135(J) OF THE CODE.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.
Approved June 1, 1982.
CHAPTER 798
(Senate Bill 366)
AN ACT concerning
Gasoline Products Marketing Agreements -
Successors in Interest
FOR the purpose of providing that a gasoline franchise
marketing agreement devolves on death or retirement of
the service station dealer to certain designated
successors of the dealer; requiring that the successor
dealer be granted a certain trial marketing agreement
by the distributor in the name of the successor dealer;
and providing that the successor dealer may, during the
period of the trial marketing agreement, sell, assign,
or renew the agreement.
BY adding to
Article - Commercial Law
Section ll-304(m)
Annotated Code of Maryland
(1975 Volume and 1981 Supplement)
|