North Dakota § 51-20.1-04 Determination of retail dealer's reimbursement

North Dakota Statutes

§ 51-20.1-04 — Determination of retail dealer's reimbursement

North Dakota § 51-20.1-04

Title 51Sales and Exchanges

Ch. 51-20.1Heavy Construction Equipment Franchise Termination

This text of North Dakota § 51-20.1-04 (Determination of retail dealer's reimbursement) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 51-20.1-04 (2026).

Text

The extent of reimbursement of the retail dealer for heavy construction equipment and
repair parts pursuant to section 51-20.1-02 must be determined by taking one hundred percent
of the net cost on unused, complete heavy construction equipment, and eighty-five percent of
the current net price of repair parts, as shown in the distributor's price lists or catalogs in effect
at the time the contract was canceled, terminated, or not renewed.

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The extent of reimbursement of the retail dealer for heavy construction equipment and
repair parts pursuant to section 51-20.1-02 must be determined by taking one hundred percent
of the net cost on unused, complete heavy construction equipment, and eighty-five percent of
the current net price of repair parts, as shown in the distributor's price lists or catalogs in effect
at the time the contract was canceled, terminated, or not renewed.