Tennessee § 47-25-1307 Exceptions to repurchase requirement

Tennessee Statutes

§ 47-25-1307 — Exceptions to repurchase requirement

This part shall not require the repurchase from a retailer of:

(1)Any repair part which, because of its condition, is not resalable as a new part;

(2)Any inventory which the retailer desires to keep; provided, that the retailer has a contractual right to do so;

(3)Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment and attachments which are not current models or which are not in new, unused, undamaged, complete condition; provided, that the equipment used in demonstrations or leased as provided in § 47-25-1305 shall be considered new and unused;

(4)Any repair parts which are not in new, unused, undamaged condition;

(5)Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment or atta

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This part shall not require the repurchase from a retailer of: (1) Any repair part which, because of its condition, is not resalable as a new part; (2) Any inventory which the retailer desires to keep; provided, that the retailer has a contractual right to do so; (3) Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment and attachments which are not current models or which are not in new, unused, undamaged, complete condition; provided, that the equipment used in demonstrations or leased as provided in § 47-25-1305 shall be considered new and unused; (4) Any repair parts which are not in new, unused, undamaged condition; (5) Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment or attachments which were purchased more than thirty-six (36) months prior to notice of termination of the contract; or (6) Any inventory which was ordered by the retailer on or after the date of termination of the contract.

Tennessee § 47-25-1307 (Exceptions to repurchase requirement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.