Vermont § 754 - Cancellation for good cause; notice; rectification (a)(1) Except as otherwise provided pursuant to section 753 of this subchapter and subsection
Full text of Vermont Vermont Statutes Online § 754 — Cancellation for good cause; notice; rectification (a)(1) Except as otherwise provided pursuant to section 753 of this subchapter and subsection, with citation guidance and answers to common questions.
§ 754. Cancellation for good cause; notice; rectification (a)(1) Except as otherwise provided pursuant to section 753 of this subchapter and subsection
- (d) of this section, a certificate of approval holder or manufacturer that wishes
to terminate or cancel a franchise for good cause shall provide the franchisee with
at least 120 days’ written notice of the intent to terminate or cancel the franchise. (2) The notice shall state the causes and reasons for the intended termination or cancellation. (b) A franchisee shall have 120 days in which to rectify any claimed deficiency. (c) The Superior Court, upon petition and after providing both parties with notice and
opportunity for a hearing, shall determine whether good cause exists to allow termination
or cancellation of the franchise. (d) The notice provisions of subsection (a) of this section may be waived if the reason
for termination or cancellation is insolvency, the occurrence of an assignment for
the benefit of creditors, bankruptcy, or if the certificate of approval holder or
manufacturer is able to prove to the court that providing the required notice would
do irreparable harm to the marketing of its product. (Added 2017, No. 145 (Adj. Sess.), § 5, eff. Jan. 1, 2019.)
Frequently Asked Questions About Vermont § 754
What does Vermont Statutes Online § 754 cover?
Section 754 ("Cancellation for good cause; notice; rectification (a)(1) Except as otherwise provided pursuant to section 753 of this subchapter and subsection") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 754?
A common citation format is "Vermont Statutes Online § 754" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 754 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.