Rhode Island § 6-46-6 § 6-46-6. Exceptions to repurchase requirement.

Rhode Island Statutes

§ 6-46-6 — § 6-46-6. Exceptions to repurchase requirement.

Rhode Island·Title 6 Commercial Law – General Regulatory Provisions·Ch. 6-46 Equipment Dealerships

§ 6-46-6. Exceptions to repurchase requirement.
The provisions of this chapter shall not require the repurchase from a dealer of:
(1) A repair part with a limited storage life or otherwise subject to physical or structural
            deterioration including, but not limited to, gaskets or batteries;
         
(2) A single repair part normally priced and sold in a set of two or more items;
         
(3) A repair part that, because of its condition, cannot be marketed as a new part without
            repackaging or reconditioning by the supplier or manufacturer;
         
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§ 6-46-6. Exceptions to repurchase requirement.

The provisions of this chapter shall not require the repurchase from a dealer of:

(1) A repair part with a limited storage life or otherwise subject to physical or structural deterioration including, but not limited to, gaskets or batteries;

(2) A single repair part normally priced and sold in a set of two or more items;

(3) A repair part that, because of its condition, cannot be marketed as a new part without repackaging or reconditioning by the supplier or manufacturer;

(4) Any inventory that the dealer elects to retain;

(5) Any inventory ordered by the dealer after receipt of notice of termination of the dealer agreement by either the dealer or supplier;

(6) Any inventory that was acquired by the dealer from a source other than the supplier.

Rhode Island § 6-46-6 (§ 6-46-6. Exceptions to repurchase requirement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.