Ky. Rev. Stat. § 365.805

Current through 2024 Ky. Acts ch. 225

Section 365.805 - Repurchase of inventory from retailer by supplier

If a retailer enters into a retail agreement contract, written or unwritten, with a supplier where the retailer agrees to maintain an inventory and the contract is terminated, the supplier shall repurchase the inventory as provided in KRS 365.800 to 365.840. The retailer may keep the inventory if the retailer desires. If the retailer has any outstanding debts to the supplier, the repurchase amount may be credited to the retailer's account.

KRS 365.805

Effective:4/21/2004
Amended 2004, Ky. Acts ch. 144, sec. 2, effective4/21/2004. -- Created 1986 Ky. Acts ch. 32, sec. 2, effective 2/28/1986.