Utah Code § 13-12-6

Current through the 2024 Fourth Special Session
Section 13-12-6 - Distributor electing not to continue doing business in state - Repurchase merchandise

If a distributor elects to discontinue doing business in the state of Utah during the term of a marketing agreement with the dealer, the distributor shall repurchase merchandise in salable condition at a fair wholesale market value not to exceed original invoice price which the dealer has purchased from the distributor.

Utah Code § 13-12-6

Enacted by Chapter 6, 1975 Special Session 1