South Carolina Statutes
§ 39-59-40 — Repurchase amount due within thirty days; title to inventory.
South Carolina § 39-59-40
JurisdictionSouth Carolina
Title 39TRADE AND COMMERCE
Ch. 59FRANCHISE AGREEMENTS RELATING TO RETAIL AND REPURCHASE OF FARM IMPLEMENTS, ETC.
This text of South Carolina § 39-59-40 (Repurchase amount due within thirty days; title to inventory.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 39-59-40 (2026).
Text
The wholesaler, manufacturer, or distributor shall make payment of the full repurchase amount to the retailer not later than thirty days after the receipt of inventory as provided for in Section 39-59-30. Upon payment of the repurchase amount to the retailer, the title and right of possession to the repurchased inventory shall transfer to the wholesaler, manufacturer, or distributor.
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Legislative History
HISTORY: 1984 Act No. 326.
Nearby Sections
13
§ 39-59-10
Definitions.§ 39-59-100
Warranty claims.§ 39-59-110
Indemnification of retailer.§ 39-59-120
Legal remedy for violation of chapter.§ 39-59-130
Limitations period.§ 39-59-80
Security interests in inventory.§ 39-59-90
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Bluebook (online)
South Carolina § 39-59-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/59/39-59-40.