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§ 7-1-3-25-5 — Indiana Law | CourtGPT
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  4. Title 7.1 - Alcohol and Tobacco/
  5. Article 3 - Permits/
  6. Chapter 25 - Product Transfer Between Wholesalers7.1-3-25-1. "Existing Wholesaler"/
  7. § 7-1-3-25-5
Indiana Legal Code

§ 7-1-3-25-5

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A successor:(1) who acquires the rights to manufacture or distribute an existing product; and(2) who:(A) does not reappoint the existing wholesaler to distribute the product;(B) reduces the existing wholesaler's territory for the product; or(C) offers to compensate the existing wholesaler in an amount less than the fair market value determined under section 7 of this chapter;must comply with this chapter. A successor's designee must also comply with this chapter.As added by P.L.224-2005, SEC.19.