13-14a-8 - Contractual right of return -- Election of penalties.
13-14a-8. Contractual right of return -- Election of penalties.
If the agreement between a dealer and a manufacturer or wholesaler confers rights andduties covering the return of wholegoods and parts inventories upon termination of the agreement,the dealer may elect to proceed under the agreement. The dealer is not considered to have madethis election to the extent that the rights and duties conferred by this chapter exceed thoseconferred by the sales agreement.
Enacted by Chapter 63, 1989 General Session