Arkansas Statutes
§ 4-72-304 — Wholesaler, manufacturer, or distributor to repurchase undamaged goods and cover cost of return
Arkansas·Title 4
(a)The wholesaler, manufacturer, or distributor shall repurchase that inventory previously purchased from him or her and held by the retailer on the date of termination of the contract.
(b)The wholesaler, manufacturer, or distributor shall pay one hundred percent (100%) of the net cost of all new, unsold, undamaged, and complete farm implements, machinery, utility and industrial equipment, and attachments, and one hundred percent (100%) of the current net price of all new, unused, and undamaged repair parts.
(c)(1) The wholesaler, manufacturer, or distributor shall pay the retailer five percent (5%) of the current net price on all new, unused, and undamaged repair parts returned to cover the cost of handling, packing, and loading.
(2)The wholesaler, manufacturer, or distributor shall h
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Arkansas § 4-72-304 (Wholesaler, manufacturer, or distributor to repurchase undamaged goods and cover cost of return) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
R.W. Distribs., Inc. v. Texarkana Tractor Co.
553 S.W.3d 187 (Court of Appeals of Arkansas, 2018)
Legislative History
Acts 1979, No. 810, § 3; A.S.A. 1947, § 70-821.
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