This law states that if a motorcycle distributor in Virginia terminates or discontinues their contract, existing dealer franchises remain valid. The law allows for a replacement distributor to assume the franchise responsibilities, ensuring continuity for motorcycle dealers. It aims to protect dealer rights despite changes in distributor status.
The franchises remain in effect and are not affected by the distributor's discontinuation, with a new distributor substituted if applicable.
Yes, the law allows a new distributor to be substituted for the discontinued one under existing franchise agreements.
Yes, it ensures that dealer franchises continue despite the distributor's discontinuation, maintaining dealer rights.
Yes, the franchise is modified accordingly to reflect the new distributor's role under the existing agreement.