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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 9 : Commerce and Trade

Chapter 107 : EQUIPMENT AND MACHINERY DEALERSHIPS

(Cite as: 9 V.S.A. § 4075)
  • § 4075. Exceptions to repurchase requirement

    The provisions of this chapter shall not require a supplier to repurchase from a dealer:

    (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;

    (6) any inventory that was acquired by the dealer from a source other than the supplier, unless the source was approved by the supplier;

    (7) a specialized repair tool that is not unique to the supplier's product line, or that is over 10 years old, incomplete, or in unusable condition;

    (8) a part identified by the supplier as nonreturnable at the time of the dealer's order; or

    (9) supplies that are not unique to the supplier's product line, or that are over three years old, incomplete, or in unusable condition. (Added 1993, No. 113 (Adj. Sess.), § 1, eff. March 4, 1994; amended 2015, No. 142 (Adj. Sess.), § 2.)