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The Vermont Statutes Online
Title
09
:
Commerce and Trade
Chapter
107
:
MACHINERY DEALERSHIPS
§
4075. 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 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; or
(6) any
inventory that was acquired by the dealer from a source other than the supplier
unless the source was approved by the supplier. (Added 1993, No. 113 (Adj.
Sess.), § 1, eff. March 4, 1994.)