Section 301 – Motorboat dealer default.
Effective 5/5/2021 13-58-301. Motorboat dealer default. A motorboat dealer defaults on an agreement if the motorboat dealer: (1) materially fails to: (a) meet minimum product stocking requirements as specified under the agreement; (b) make timely payment of a material obligation as specified under the agreement; or (c) meet an applicable standard, as specified by the […]
Section 302 – Cure of default.
Effective 5/4/2022 13-58-302. Cure of default. (1) If a motorboat dealer defaults as described in Section 13-58-301, the manufacturer or distributor who is part of the agreement shall: (a) give the dealer written notice of the dealer’s default; and (b) allow the dealer to cure the default within the period described in Subsection (2). (2) […]