Arkansas Statutes
§ 4-72-209 — Franchisee's right of repurchase
Arkansas·Title 4
Upon termination of any franchise by a franchisor without good cause, the franchisor shall, at the franchisee's option, repurchase at franchisee's net cost, less a reasonable allowance for depreciation or obsolescence, the franchisee's inventory, supplies, equipment, and furnishings purchased by the franchisee from the franchisor or its approved sources; however, no compensation shall be allowed for the personalized items which have no value to the franchisor.
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Related
American Standard, Inc. v. MILLER ENGINEERING, INC.
772 S.W.2d 344 (Supreme Court of Arkansas, 1989)
Capital Equipment, Inc. v. Cnh America, LLC
471 F. Supp. 2d 951 (E.D. Arkansas, 2006)
Legislative History
Acts 1977, No. 355, § 9; A.S.A. 1947, § 70-815.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions