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AL HB445
Bill
Status
3/20/2014
Primary Sponsor
John Knight
Click for details
AI Summary
HB445 - Montgomery County Wine Franchise Jobs Protection Act
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Creates the Montgomery County Wine Franchise Jobs Protection Act to regulate business relations between wine suppliers and wholesalers in Montgomery County.
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Requires suppliers to provide wholesalers with written agreements specifying exclusive sales territories and prohibits suppliers from fixing wholesale prices, coercing wholesalers, or interfering with transfers to qualified buyers.
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Establishes grounds for termination of agreements by suppliers including material non-compliance (with 30-day cure period plus 120-day compliance window), insolvency, license revocation, felony conviction, and intentional fraud.
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Permits wholesaler business transfers to designated family members without supplier consent, and to other qualified buyers if they meet nondiscriminatory standards; suppliers must provide written response within 30 days.
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Provides civil remedies including actual damages, attorney fees, and court costs; allows for voluntary arbitration to determine compensation for diminished business value when supplier violates the act.
Legislative Description
Montgomery Co., alcoholic beverages, sale of wine, business relations between suppliers and wholesalers of wine, Montgomery County Wine Franchise Jobs Protection Act, established
Montgomery County
Last Action
Delivered to Governor at 2:45 p.m. on March 20, 2014.
3/20/2014