Virginia Statutes
§ 59.1-21.13 — Obligation of refiner to repurchase upon termination, etc., of agreement
Virginia § 59.1-21.13
This text of Virginia § 59.1-21.13 (Obligation of refiner to repurchase upon termination, etc., of agreement) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 59.1-21.13 (2026).
Text
In the event of any termination, cancellation, or failure to renew whether by mutual agreement or otherwise, a refiner shall make or cause to be made a good faith offer to repurchase from the dealer, his heirs, successors, and assigns, at the current wholesale prices any and all merchantable products purchased by such dealer from the refiner; provided, that in such event the refiner shall have the right to apply the proceeds against any existing indebtedness owed to him by the dealer; and provided further, that such repurchase obligation is conditioned upon there being no other claims or liens against such products by or on behalf of other creditors of the dealer.
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Legislative History
1973, c. 423; 1979, c. 306; 1990, c. 907.
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Bluebook (online)
Virginia § 59.1-21.13, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/59.1/59.1-21.13.