TITLE 6
Commercial Law General Regulatory Provisions
CHAPTER 6-54
General Regulatory Provisions The Rhode Island Dealership Preservation And
Protection Act
SECTION 6-54-5
§ 6-54-5 Repurchase of inventories.
If a dealership is terminated by the grantor, the grantor, at the option of the
dealer, shall repurchase all inventories sold by the grantor to the dealer for
resale under the dealership agreement at the fair market value. This section
applies only to merchandise with a name, trademark, label or other mark on it
which identifies the grantor.
History of Section.
(P.L. 2013, ch. 308, § 1; P.L. 2013, ch. 370, § 1.)