Vermont Statutes
§ 4075 — Exceptions to repurchase requirement
Vermont·Title 9 Title 9: Commerce and Trade·Ch. 107 Chapter 107: Equipment and Machinery Dealerships
The provisions of this chapter shall not require a supplier to repurchase from a dealer:
(1)a repair part with a limited storage life or otherwise subject to physical or structural deterioration, including 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, unless the source was approved by the supplier;
(7)a spec
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Nearby Sections
15
§ 4011
Definitions§ 4014
Advertising practices§ 4015
Penalties for violations§ 4016
Appeal§ 4018
Third-party ownership§ 4019
Notice as waiver§ 4020
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Termination of coverage