perpetual franchise

perpetual franchise
A franchise to endure forever, at least so long as the state refrains from interfering to terminate it. Anno: 2 ALR 1109; 35 Am J2d Ferr § 44; 36 Am J2d Franch § 44; 56 Am J1st Watwk § 5.

Ballentine's law dictionary. . 1998.

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