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§ 9-32-13-12 — Indiana Law | CourtGPT
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  4. Title 9 - Motor Vehicles/
  5. Article 32 - Dealer Services/
  6. Chapter 13 - Unfair Practices9-32-13-1. Requiring Purchase of Equipment, Part, or Accessory As A Condition of Sale/
  7. § 9-32-13-12
Indiana Legal Code

§ 9-32-13-12

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It is an unfair practice for a manufacturer or distributor to prevent or require, or attempt to prevent or require, by contract or otherwise, a dealer or an officer, a partner, or a stockholder of a dealer to sell or transfer a part of the interest of the officer, partner, or stockholder to any other person. A dealer, an officer, a partner, or a stockholder may not sell, transfer, or assign the franchise or a right under the franchise without the consent of the manufacturer or distributor. This consent may not be withheld unreasonably.As added by P.L.92-2013, SEC.78.