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AR SB356
Bill
Status
5/17/2013
Primary Sponsor
Jake Files
Click for details
AI Summary
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Amends Arkansas Code § 3-4-205 to permit franchise contracts between retail liquor permit holders and other entities to use trade names, trademarks, service marks, or related characteristics
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Allows persons, firms, or corporations to receive reasonable financial benefits from up to 10 retail liquor permit holders through franchise contracts, while maintaining the prohibition on direct ownership of multiple permits
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Defines "franchise contract" as a written agreement granting a license to use branding within an exclusive or nonexclusive territory and provide services and goods with no alcohol content
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Repeals Arkansas Code § 3-4-301(a)(8), (9), and (10), which previously prohibited remuneration relationships and same-name branding between retail liquor permitees
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Declares an emergency clause to take effect upon Governor approval, allowing the act to prevent unfair commerce restrictions and enable franchise arrangements in the retail liquor industry
Legislative Description
To Amend Act 70 Of The 2011 Acts Of Arkansas To Provide That Franchises And Contractual Branding Agreements Are Permitted; And To Declare An Emergency.
Last Action
Sine Die adjournment
5/17/2013