Fair Marketing of Motor Fuel Act

[AI summary unavailable — showing source text] Fair Marketing of Motor Fuel Act - Requires every franchise and renewal agreement between gasoline and diesel fuel refiners, distributors, and retailers to be of not less than five years' duration except in the following instances: (1) where the franchisor holds as lessee and not as owner premises to be subleased to the franchisee, the franchisor shall not be required to offer or to grant a franchise for a term extending beyond the thirtieth day preceding the expiration of the term of the lease under which such franchisor holds the premises at the time of such offer or grant; or (2) where the franchisee has rejected an offer of a franchise for a term of not less than five years' duration, the franchisor may offer and grant a franchise for any shorter term in the franchisor's discretion. Prohibits cancellation or termination of such agreements during the term by the franchisor unless: (1) the franchisee failed to act in good faith in carrying out the terms of the franchise; (2) the franchisee failed to comply without reasonable excuse or justification with essential and reasonable terms of the franchise; (3) a circumstance occurs which is specified in the franchise which circumstanc…