SB 690 Summary

• Requires brewers and nonresident sellers to maintain written distribution sales agreements subject to ABLE Commission inspection.

• Prohibits brewers from terminating nonresident seller agreements without good cause, written notice by certified mail, a 60-day cure period, and notice of continued noncompliance.

• Allows immediate termination for bankruptcy, license revocation, felony conviction, unauthorized ownership transfers, fraudulent conduct, or cessation of business for five consecutive days.

• Requires successor brewers to pay existing nonresident sellers fair market value for their distribution rights when replacing them, determined through negotiation or binding arbitration within specified timeframes.

• Prohibits brewers from requiring waivers of these protections or charging inducements to enter distribution agreements, effective July 1, 2015.