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2013 SESSION

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SB 1141 Virginia Petroleum Products Franchise Act; franchises in Planning District 8.

Introduced by: Ryan T. McDougle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Petroleum Products Franchise Act; franchises in Planning District 8. Exempts a third party that purchases a motor fuel franchise located in Planning District 8 from the divorcement requirement if the acquiring third party, its successors, assigns, affiliates, and subsidiaries are not refiners. The divorcement requirement prohibits a refiner of petroleum products from operating a retail motor fuel outlet within one and one-half miles of a retail outlet operated by a franchised dealer. The existing provision that makes the divorcement clause applicable only to a franchised location sold or assigned on or after January 1, 2008, is removed.


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