Iowa Code (Last Updated: December 05, 2016) |
Title VIII. TRANSPORTATION |
Chapter 322D. FARM IMPLEMENT, MOTORCYCLE, SNOWMOBILE, AND ALL-TERRAIN VEHICLE FRANCHISES |
Section 322D.5. Death of a franchisee or majority stockholder.
Latest version.
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If the franchisee is a natural person, the rights under this chapter may be exercised by the heirs of the franchisee upon the death of the franchisee. If the franchisee is a business organization, the rights may be exercised by the heirs of a majority stockholder of the franchisee upon the death of the majority stockholder.