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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 39-59-60: Liability for failure to make timely repurchase of inventory.

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Where this section sits in the code
  1. Title 39 - TRADE AND COMMERCE
  2. CHAPTER 59 Franchise Agreements Relating to Retail and Repurchase of Farm Implements, Etc.

If any wholesaler, manufacturer, or distributor fails or refuses to repurchase any inventory covered under the provisions of this chapter within the time periods established in Section 39-59-30, he is civilly liable for one hundred percent of the current net price of the 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 rate of interest from the ninety-first day after contract termination.

Collected 2026-09-02T07:19:04Z. Source file · JSON

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