An Act amending successor supplier laws
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to clarify and strengthen Massachusetts’s successor supplier laws. Specifically, it focuses on situations where a licensed wholesaler purchases brand-name items from a supplier that then ceases operations. The bill intends to ensure that the new supplier taking over the business must also carry the same brand-name products, preventing a loss of product availability for wholesalers and consumers. It seeks to maintain consistent access to these products within the wholesale market.
Key provisions
- Requires successor suppliers to maintain the same brand-name items sold to a licensed wholesaler.
- Addresses situations where a supplier ceases operations and a new supplier takes over.
- Focuses on brand-name items sold to wholesalers.
- Aims to prevent disruptions in product availability for wholesalers.
Who is affected
- Licensed Wholesalers
- Brand-name product manufacturers
- Consumers purchasing through wholesalers
- Massachusetts wholesalers
Bill text
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Sponsors
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4 on record
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Cosponsors
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