Chapter 57: CERTIFICATE OF APPROVAL HOLDER AND MAINE WHOLESALE LICENSEE AGREEMENT ACT
§1455. Notice of intent to terminate
Before any termination procedure initiated by the certificate of approval holder,
the certificate of approval holder shall give the wholesale licensee written notice
of any claimed deficiency existing in his territory and shall give the wholesale licensee
reasonable time to correct the claimed deficiency or deficiencies. After this reasonable
time has elapsed, the certificate of approval holder shall provide the wholesale licensee
at least 90 days prior written notice of any intent to amend, terminate, cancel or
not renew any agreement. The notice must state all the reasons for the intended amendment,
termination, cancellation or nonrenewal. The notice provisions of this section do
not apply if the reason for the amendment, termination, cancellation or nonrenewal
A. The bankruptcy or insolvency of the wholesale licensee; [1987, c. 45, Pt. A, §4 (NEW).]
B. An assignment for the benefit of creditors or similar disposition of the assets
of the wholesale licensee's business; [1987, c. 45, Pt. A, §4 (NEW).]
C. Revocation of the wholesale licensee's license; or [1987, c. 45, Pt. A, §4 (NEW).]
D. Conviction or a plea of guilty or no contest to a charge of violating a law relating
to the business that materially affects the wholesale licensee's ability to remain
in business. [1987, c. 45, Pt. A, §4 (NEW).]
1987, c. 45, §A4 (NEW).
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