Indiana § 15-12-3-11 Farm and industrial machinery repurchased; proof of purchase

Indiana Statutes

§ 15-12-3-11 — Farm and industrial machinery repurchased; proof of purchase

Indiana·Art. 12 AGRICULTURAL ASSISTANCE·Ch. 3 Repurchase of Farm or Industrial Machinery Inventory

(a)Except as provided in section 14 of this chapter, a wholesaler, manufacturer, or distributor shall repurchase farm or industrial machinery that:

(1)the retailer previously purchased from the wholesaler, manufacturer, or distributor; and

(2)the retailer held as inventory on the date of the termination of the contract.

(b)For purposes of subsection (a)(1), proof of purchase from the supplier may include retail invoices from the supplier or a reference to an item in a current or past supplier price book. [Pre-2008 Recodification Citation: 15-7-7-11.]

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(a) Except as provided in section 14 of this
chapter, a wholesaler, manufacturer, or distributor shall repurchase
farm or industrial machinery that:
(1) the retailer previously purchased from the wholesaler,
manufacturer, or distributor; and
(2) the retailer held as inventory on the date of the termination of
the contract.
(b) For purposes of subsection (a)(1), proof of purchase from the
supplier may include retail invoices from the supplier or a reference to
an item in a current or past supplier price book.
[Pre-2008 Recodification Citation: 15-7-7-11.]

Indiana § 15-12-3-11 (Farm and industrial machinery repurchased; proof of purchase) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.