30-11-704: Repurchase of inventory of deceased retailer or wholesaler.
Where this section sits in the code
- TITLE 30. TRADE AND COMMERCE
- CHAPTER 11. SALES
- Part 7. Canceled Dealership Contracts,Repurchase Requirements, and Dealer Data
If the retailer, wholesaler, or majority stockholder in a corporation operating as a retailer or wholesaler entitled to payment under this part dies, the wholesaler, manufacturer, or distributor shall, unless the heirs or devisees of the deceased agree to continue to operate the dealership, repurchase the inventory from the heirs or devisees in the manner prescribed in 30-11-702.
Collected 2026-09-14T04:51:26Z. Source file · JSON