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Lawmakers approve amendment to restore franchise participants, tighten transfer rules
Summary
The committee passed an amended bill that restores certain franchise participants, makes parts retroactive to the 1977 franchise act, removes a 1991 exemption, and requires financial-stability checks before intra-family franchise transfers; venue for disputes is moved to Arkansas courts.
Representative Jeff Wardlaw, R‑94, asked the Senate Insurance & Commerce committee to adopt an agreed amendment to House Bill 17 83 and walked members through the bill’s main provisions.
Wardlaw said the amendment returns certain franchise participants to the bill after stakeholder negotiations: “The beer folks wanted out, so we took them out. They came back to us yesterday and wanted back in,” and the…
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