N.Y. General Business Law § 811: Repurchase of vessels and parts

§ 811. Repurchase of vessels and parts. Upon the termination,

cancellation or non-renewal of any dealer agreement, except as otherwise

provided in subdivision one of section eight hundred twelve of this

article, by a manufacturer or distributor pursuant to this article the

new vessel dealer shall be paid the dealer invoice price plus any

shipping costs paid by such dealer for:

1. new current and previous model year vessels and motors in the

dealer's inventory which were purchased from the manufacturer or

distributor, within twelve months of the delivery date for each vessel

and motor, and which are unused, and not materially damaged or altered

while in the dealer's possession, and to which the dealer has clear

title and is in position to convey such title to the manufacturer or

distributor;

2. unused parts which were required from the manufacturer or

distributor and which are listed on the current parts price sheet

available to the dealer;

3. equipment and furnishings required from the manufacturer,

distributor, or one of the manufacturer's or distributor's approved

services; and

4. special tools that are only usable on the specific brand of vessel

or engine offered by the manufacturer or distributor terminating,

canceling or nonrenewing a dealer agreement.