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222.87 PRESERVATION OF CONTRACT, LEGAL STATUS.
    Subdivision 1. Shipping contracts. An acquiring carrier succeeds to and is bound by the
contracts, agreements, and understandings between the divesting carrier and any shipper within
this state for a period equaling the stated term of the contract or six months, whichever is greater.
    Subd. 2. Government contract. An acquiring carrier succeeds to and is bound by the
contracts, agreements, and understandings between the divesting carrier and the state of
Minnesota and any governmental subdivision for a period equal to the stated term of the contract,
agreement, or understanding or six months, whichever is greater.
    Subd. 3. Construction. This section does not alter, and shall not be construed to alter, the
rights of all parties to renegotiate contracts under subdivisions 1 and 2 at any time mutually
agreeable.
History: 1988 c 676 s 3