KRS 365.825: Liability for failure to repurchase.
Where this section sits in the code
- KRS Chapter 365
If any supplier fails or refuses to repurchase any inventory covered under the provisions
of KRS 365.800 to 365.840 within sixty (60) days after shipment of the inventory to the
supplier, the supplier shall be liable in a civil action for one hundred perce nt (100%) of
the current net price of the repair parts and superseded parts inventory plus five percent
(5%) for handling, packing, and loading, if applicable, and one hundred percent (100%)
of the net cost of all other inventory, plus any freight charges paid by the retailer, the
retailer's reasonable attorney's fees, court costs, and interest on the current net price
computed at the legal interest rate from the sixty-first day after shipment.
Collected 2026-09-05T20:59:02Z. Source file · JSON