- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 25. Motor Vehicle Transactions
- Section 170. Succession.
previous: Section 160
. Prevention of or Refusal to Honor Transfer of New Motor Vehicle Dealership Ownership.
next: Section 180
. New Dealerships.
AS 45.25.170. Succession.
- (a) A manufacturer or distributor may not prevent or refuse to honor the succession to a new motor vehicle franchise of an
heir or devisee under a will of a franchisee, under a written instrument filed with the manufacturer or distributor
designating any person as the successor franchisee, or under AS 13.06 - AS 13.36 (Uniform Probate Code), except that
- (1) a designated successor must, within 60 days after the owner's death or incapacity, give the manufacturer or
distributor written notice of the intent to succeed, and the designee must agree to be bound by all the terms and
conditions of the current franchise agreement;
- (2) the manufacturer or distributor may request from the designated successor personal and financial data that are
reasonably necessary to determine the qualifications of the designated successor; the designated successor shall
provide the information within 60 days after receiving the request;
- (3) the manufacturer or distributor may not unreasonably withhold approval of the succession; if the manufacturer or
distributor refuses to honor the succession, the manufacturer or distributor shall send written notice to the proposed
successor within 60 days after receiving the information requested in (2) of this subsection or within 60 days after
receiving the notice of the proposed successor's intent to succeed, whichever is later.
- (b) The notice required by (a)(3) of this section must state the specific grounds for not approving the proposed
successor. Within 30 days after the proposed successor's receipt of the notice, the proposed successor may file a
protest with the superior court to determine whether the manufacturer or distributor has unreasonably withheld
- (c) This section does not preclude the owner of a new motor vehicle dealership from filing with the manufacturer or
distributor a written instrument designating any person as a successor. If there are competing successors, the written
instrument governs who may submit a proposal as a successor.
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