S.539 - Petroleum Marketing Reform Act of 1993103rd Congress (1993-1994)
Summary: S.539 — 103rd Congress (1993-1994)
Introduced in Senate (03/09/1993)
Petroleum Marketing Reform Act of 1993 - Amends the Petroleum Marketing Practices Act to modify the definition of "contract" to include any contract between specified parties which is economically necessary to the operation of the franchise.
Provides that the termination or non-renewal of a franchise relationship, upon expiration of an underlying lease for marketing premises, is reasonable if specified conditions exist.