N.Y. GBS Law § 199-B
This is the official text of N.Y. GBS Law § 199-B, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.
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Disclosures to prospective dealers
Official statutory text
§ 199-b. Disclosures to prospective dealers. A distributor shall\ndisclose in writing to any prospective dealer the following information,\nbefore any franchise is entered into:\n 1. The gallonage volume history, if any, of the location under\nnegotiation for and during the three year period immediately past or for\nthe entire period which the location has been supplied by the\ndistributor, whichever is shorter.\n 2. The name and last known address of the previous dealer or dealers\nfor the last three years, or for and during the entire period which the\nlocation has been supplied by the distributor, whichever is shorter, and\nthe reason or reasons for the termination of each dealer franchise.\n 3. Any legally binding commitments for the sale, demolition or other\ndisposition of the location.\n 4. The training programs, if any, and the specific goods and services\nthe distributor will provide for and to the dealer.\n 5. Full disclosure of any and all obligations which will be required\nof the dealer, including but not limited to, any obligation to\nexclusively deal in any of the products of the distributor, its\nsubsidiaries or any other company or any advertising and promotional\nitems that the dealer must accept.\n 6. Full disclosure of all restrictions on the sale, transfer, renewal\nand termination of the franchise.\n
Status: in_force · Read it on the official government site
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