16-1004. Same; failure to make repurchase or allow credit; liability in civil action.

16-1004

Chapter 16.--CONTRACTS AND PROMISES
Article 10.--CONTRACTS TO MAINTAIN STOCK OF FARM EQUIPMENT

      16-1004.   Same; failure to make repurchase or allow credit; liability in civil action. In the event that any manufacturer, wholesaler or distributor of farm implements, machinery, attachments or repair parts therefor, upon cancellation of a contract by either a retailer or a manufacturer, wholesaler or distributor, fails or refuses to make payment or allow credit to such retailer as required by K.S.A. 16-1002, and amendments thereto, such manufacturer, wholesaler or distributor shall be liable in a civil action to be brought by such retailer for the actual costs of the action, including attorney, paralegal and expert witness fees; for 100% of the net cost of such farm implements, machinery and attachments and 100% of the current net price of repair parts, plus 5% for handling, packing and loading plus freight charges which have been paid by the retailer.

      History:   L. 1976, ch. 95, § 4; L. 2000, ch. 84, § 2; July 1.