TITLE 6
Commercial Law – General Regulatory Provisions

CHAPTER 6-46
Equipment Dealerships

SECTION 6-46-6


   § 6-46-6  Exceptions to repurchase requirement. – The provisions of this chapter shall not require the repurchase from a dealer of:

   (1) A repair part with a limited storage life or otherwise subject to physical or structural deterioration including, but not limited to gaskets or batteries;

   (2) A single repair part normally priced and sold in a set of two or more items;

   (3) A repair part that, because of its condition, cannot be marketed as a new part without repackaging or reconditioning by the supplier or manufacturer;

   (4) Any inventory that the dealer elects to retain;

   (5) Any inventory ordered by the dealer after receipt of notice of termination of the dealer agreement by either the dealer or supplier;

   (6) Any inventory that was acquired by the dealer from a source other than the supplier.

History of Section.
(P.L. 1998, ch. 408, § 1.)