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Home » US Law » 2020 Arkansas Code » Title 4 - Business and Commercial Law » Subtitle 6 - Business Practices » Chapter 72 - Franchises » Subchapter 4 - Petroleum Products Suppliers and Distributors

§ 4-72-401. Definitions

As used in this subchapter, unless the context otherwise requires: (1) “Petroleum products supplier” means and includes any person, firm, corporation, subsidiary company, or other business entity engaged in the business of manufacturing, producing, or refining of petroleum products for sale or consignment to a petroleum products distributor; (2) “Petroleum products distributor” means and includes […]

§ 4-72-402. Franchise — Cancellation or termination

(a) A petroleum products supplier shall not cancel, or otherwise terminate, a franchise with a petroleum products distributor, except for such specific reasons as shall be prescribed in the franchise. (b) (1) If a petroleum products supplier proposes to cancel, fail to renew, or otherwise terminate a franchise with any distributor, he or she shall […]

§ 4-72-403. Remedies for cancellation, termination, etc., of contract

If any petroleum products supplier shall cancel or otherwise terminate any franchise in violation of the provisions of this subchapter, the petroleum products distributor whose franchise is cancelled, or otherwise terminated, shall have a cause of action against the petroleum products supplier for specific performance, injunctive relief, or for actual damages sustained by the plaintiff […]