Restrictions on Monopolistic Financing

Agreements in violation of law void.

“Sell,” “sold,” “buy” and “purchase” defined.

Agreement to finance through designated source which lessens competition or creates monopoly unlawful

Threat by manufacturer or distributor to discontinue sales to retail seller prima facie evidence of violation.

Threat by person engaged in business of financing who is affiliated with manufacturer or distributor to discontinue sales prima facie evidence of violation.

Giving of gratuity by manufacturer or wholesaler to person financing sales which lessens competition or creates monopoly unlawful.

Acceptance of gratuity by person financing sales unlawful.

Acceptance of gratuity: Unlawful financing of sales thereafter.

Violation by corporation

Violation by foreign corporation

Provisions cumulative.

Action for damages

Penalty.