§ 16-101. Franchise renewal.

Latest version.

Unless 120 days' written notice is given by one party to the other prior to the expiration date of this agreement, this franchise shall be considered as renewed and binding in all its provisions for ten years after such expiration and this franchise shall so continue in operation and effect for further terms of ten years each until such notice be given by either party prior to the expiration of one such renewed term.

(Code 1985, § 4-512)

                    
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