North Carolina § 66-185 Exceptions to repurchase requirement

North Carolina Statutes

§ 66-185 — Exceptions to repurchase requirement

North Carolina § 66-185

Ch. 66Commerce and Business

Art. 26Farm Machinery Agreements

This text of North Carolina § 66-185 (Exceptions to repurchase requirement) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 66-185 (2026).

Text

This Article does not require the repurchase from a dealer of:

(1)A repair part with a limited storage life or otherwise subject to deterioration, such as gaskets or batteries, except for industrial "press on" or industrial pneumatic tires.

(2)A single repair part that is priced as a set of two or more items.

(3)A repair part that, because of its condition, is not resalable as a new part without repackaging or reconditioning. (3a) Any repair part that is not in new, unused, undamaged condition.

(4)An item of inventory for which the dealer does not have title free of all claims, liens, and encumbrances other than those of the supplier.

(5)Any inventory that the dealer chooses to keep.

(6)Any inventory that was ordered by the dealer after either party's receipt of notice of termination

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This Article does not require the repurchase from a dealer of:
(1) A repair part with a limited storage life or otherwise subject to deterioration, such as gaskets or batteries, except for industrial "press on" or industrial pneumatic tires.
(2) A single repair part that is priced as a set of two or more items.
(3) A repair part that, because of its condition, is not resalable as a new part without repackaging or reconditioning.
(3a) Any repair part that is not in new, unused, undamaged condition.
(4) An item of inventory for which the dealer does not have title free of all claims, liens, and encumbrances other than those of the supplier.
(5) Any inventory that the dealer chooses to keep.
(6) Any inventory that was ordered by the dealer after either party's receipt of notice of termination of the agreement.
(6a) Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment, and attachments that are not current models or that are not in new, unused, undamaged, complete condition, provided that the equipment used in demonstrations or leased, as provided in G.S. 66-184, shall be considered new and unused.
(6b) Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment, and attachments that were purchased more than 36 months prior to notice of termination of the agreement.
(7) Any inventory that was acquired by the dealer from a source other than the supplier. (1985, c. 441, s. 1; 2001-343, s. 1.)