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Bill H.4281
Chapter 138 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after section 25E 3/4 the following new section:-
Section 25E 7/8. (a) For purposes of this section, a “successor supplier” shall mean any person who directly or indirectly acquires the right or obligation to sell an item with a brand name to a wholesaler licensed in the commonwealth.
(b) Any successor supplier acquiring a right or obligation to sell to a wholesaler shall be subject to the agreement, whether oral or in writing, between the wholesaler and the supplier existing at the time of succession.
All sales of a brand name item made to a licensed wholesaler prior to succession shall be attributed to the successor supplier for the purposes of determining whether six months of regular sales exist pursuant to section 25E.
The provisions of section 25E shall be binding on any successor supplier.
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