Ky. Rev. Stat. § 365.820

Current through 2024 Ky. Acts ch. 225
Section 365.820 - Items not required to be repurchased from retailer

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(1) Any repair part or superseded part which has a limited storage life or is otherwise subject to deterioration, such as rubber items, gaskets, or batteries;
(2) Any repair part or superseded part which is in a broken or damaged package;
(3) Any single repair part or superseded part which is priced as a set of two (2) or more items;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.

KRS 365.820

Effective:4/21/2004
Amended 2004, Ky. Acts ch. 144, sec. 5, effective4/21/2004. -- Created 1986 Ky. Acts ch. 32, sec. 5, effective 2/28/1986.