Indiana Statutes

§ 24-13-1-2 — "Appropriate inventory repurchase program"

Indiana·Art. 13 PYRAMID PROMOTIONAL SCHEMES·Ch. 1 Definitions
"Appropriate inventory repurchase program" means a program by which an entity repurchases from a salesperson current and marketable inventory in the possession of the salesperson, upon request and upon commercially reasonable terms, when the salesperson's business relationship with the entity ends.

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Legislative History

As added by P.L.105-2017, SEC.3.

Nearby Sections

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