Notice Required from Manufacturer upon Termination of Franchise

1. (a) In addition to any other notice requirements contained in chapter 739 of the general statutes, a manufacturer as defined in section 14-1 of the general statutes, upon making application for a license to engage in the business of manufacturing motor vehicles for sale in this state as provided in section 14-67a of the general statutes, shall consent to file with the commissioner of motor vehicles a notice as provided in subsection (b).

2. (b) Each licensed manufacturer shall notify the commissioner, in writing, on a form or in a format as prescribed by the commissioner, within three (3) business days after first obtaining knowledge with respect to any of the following:

   1. (1) Its intent not to renew a franchise;
   2. (2) The institution of an action to cancel or terminate a franchisee or distributor of the manufacturer;
   3. (3) The abandonment of a franchise by a franchisee or distributor of the manufacturer; or (4) The filing of a petition in bankruptcy, or for dissolution or other termination of business, of a franchisee or distributor. Such notice shall include, if known, the dates of any such actions or impending actions, and any other relevant information required by the commissioner.
3. (c) Such notification shall be made in writing by a person having authority to act for the manufacturer.

(Effective June 23, 1994)