1997 Minnesota Statutes

     325B.14 Obligations of purchaser. 

    Except for good cause, which shall include, but not be 
 limited to (1) revocation of the wholesaler's license to do 
 business in the state, (2) bankruptcy or insolvency of the 
 wholesaler, (3) assignment for the benefit of creditors or 
 similar disposition of the assets of the wholesaler, (4) failure 
 by the wholesaler to substantially comply, without reasonable 
 excuse or justification, with any reasonable and material 
 requirement imposed upon the wholesaler by the brewery, the 
 purchaser of a "brewer" as defined in sections 325B.01 to 
 325B.17 shall become obligated to all of the terms and 
 conditions of the agreement in effect on the date of purchase.  
 "Purchase", as defined for the purposes of sections 325B.01 to 
 325B.17, shall include, but is not limited to, the sale of 
 stock, sale of assets, merger, lease, transfer or consolidation. 

    HIST: 1977 c 328 s 14; 1986 c 444