The provisions of KRS 365.800 to 365.840 shall not require the repurchase from a retailer of: (1) Any repair part or superseded part which has a limited storage life or is otherwise subject to deterioration, such as rubber items, gaskets, or batteries; (2) Any repair part or superseded part which is in a broken or damaged package; (3) Any single repair part or superseded part which is priced as a set of two (2) or more items; (4) Any inventory for which the retailer is unable to furnish evidence, satisfactory to the supplier, of clear title, free and clear of all claims, liens, and encumbrances; (5) Any inventory which the retailer desires to keep, provided the retailer has a contractual right to do so; (6) Any inventory which is not in a new, unused, and undamaged condition, except that inventory used in demonstrations or leased, as provided in KRS 365.810, shall be considered new and unused; (7) Any inventory which was ordered by the retailer on or after the date of notification of termination of the contract; or (8) Any inventory which was acquired by the retailer from any source other than the supplier.
‹ Prev All Kentucky sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.