Rhode Island § 6-54-5 § 6-54-5. Repurchase of inventories.

Rhode Island Statutes

§ 6-54-5 — § 6-54-5. Repurchase of inventories.

Rhode Island § 6-54-5

Title 6Commercial Law – General Regulatory Provisions

Ch. 6-54Rhode Island Dealership Preservation and Protection Act

This text of Rhode Island § 6-54-5 (§ 6-54-5. Repurchase of inventories.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 6-54-5 (2026).

Text

§ 6-54-5. Repurchase of inventories.
If a dealership is terminated by the grantor, the grantor, at the option of the dealer,
            shall repurchase all inventories sold by the grantor to the dealer for resale under
            the dealership agreement at the fair market value. This section applies only to merchandise
            with a name, trademark, label or other mark on it which identifies the grantor.
         

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§ 6-54-5. Repurchase of inventories.

If a dealership is terminated by the grantor, the grantor, at the option of the dealer, shall repurchase all inventories sold by the grantor to the dealer for resale under the dealership agreement at the fair market value. This section applies only to merchandise with a name, trademark, label or other mark on it which identifies the grantor.