Ky. Rev. Stat. § 365.825
Current through 2024 Ky. Acts ch. 225
If any supplier fails or refuses to repurchase any inventory covered under the provisions of KRS 365.800 to 365.840 within sixty (60) days after shipment of the inventory to the supplier, the supplier shall be liable in a civil action for one hundred percent (100%) of the current net price of the repair parts and superseded parts inventory plus five percent (5%) for handling, packing, and loading, if applicable, and one hundred percent (100%) of the net cost of all other inventory, plus any freight charges paid by the retailer, the retailer's reasonable attorney's fees, court costs, and interest on the current net price computed at the legal interest rate from the sixty-first day after shipment.
KRS 365.825
Amended 2004, Ky. Acts ch. 144, sec. 6, effective4/21/2004. -- Created 1986 Ky. Acts ch. 32, sec. 6, effective 2/28/1986.