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 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. Acts 1999, ch. 193, § 8. 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. Acts 1999, ch. 193, § 8.