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The Florida Statutes

The 2023 Florida Statutes (including Special Session C)

Title XXXIX
COMMERCIAL RELATIONS
Chapter 686
SALES, DISTRIBUTION, AND FRANCHISE RELATIONSHIPS
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F.S. 686.409
686.409 Compensation for inventory upon refusal to renew, termination of, or restriction on transfer of a franchise.It is unlawful for the manufacturer, distributor, wholesaler, or franchisor, without due cause, to fail to renew a franchise on terms then equally available to all of its dealers, to terminate a franchise, or to restrict the transfer of a franchise unless the franchisee receives fair and reasonable compensation for the inventory of the business. As used in this section, the term “due cause” shall be construed in accordance with the definition of due cause contained in s. 686.413(3)(c)2.
History.s. 10, ch. 84-217; s. 739, ch. 97-102; s. 8, ch. 2004-257.