1441-S AMH CONW ELGE 043

SHB 1441 - H AMD 131

By Representative Conway

ADOPTED 3/05/2009

    On page 6, beginning on line 9, after "termination" strike "pursuant to subsection (2) of this section"

    On page 6, line 15, after "(8)" insert "Unless the parties otherwise agree, or the arbitrator for good cause shown orders otherwise, an arbitration conducted pursuant to subsection (7) of this section must proceed as follows: (a) The notice of intent to arbitrate must be served within forty days after the terminated distributor receives notice of terminated distribution rights; (b) The arbitration must be conducted within ninety days after service of the notice of intent to arbitrate; and (c) The arbitrator or arbitrators must issue an order within thirty days after completion of the arbitration."

(9)"

EFFECT:  Specifies timelines for any arbitration proceedings that may be initiated to resolve disputes regarding the fair market value of distribution rights.

           Deletes an incorrect reference. 

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