Revocation of Franchise Law and Legal Definition
Revocation of franchise is the termination of a franchise by exercise of a reserved power of termination.
The following is a state statute (Connecticut) on revocation of franchisee:
Conn. Gen. Stat. § 16-10a. Whenever any person, firm or corporation is granted a franchise to operate as a public service company, and fails to provide service which is adequate to serve the public convenience and necessity of any town, city, borough, district or other political subdivision of the state, or any portion thereof, the Department of Public Utility Control, shall fix a time and place for a hearing to be held thereon. If upon such hearing, said department finds that the holder of such franchise has failed to provide such service and that there is an immediate need for such service, it may revoke such franchise as to any such town, city, borough, district or political subdivision, or any portion thereof, or make such other order as may be necessary to provide such service.
