Exceptions to Repurchase Requirement

  1. Law
  2. Tennessee Code
  3. Commercial Instruments and Transactions
  4. Trade Practices
  5. Repurchase of Terminated Franchise Inventory
  6. Exceptions to Repurchase Requirement

Checkout our iOS App for a better way to browser and research.

This part shall not require the repurchase from a retailer of:

  1. Any repair part which, because of its condition, is not resalable as a new part;
  2. Any inventory which the retailer desires to keep; provided, that the retailer has a contractual right to do so;
  3. Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment and attachments which are not current models or which are not in new, unused, undamaged, complete condition; provided, that the equipment used in demonstrations or leased as provided in § 47-25-1305 shall be considered new and unused;
  4. Any repair parts which are not in new, unused, undamaged condition;
  5. Any farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment or attachments which were purchased more than thirty-six (36) months prior to notice of termination of the contract; or
  6. Any inventory which was ordered by the retailer on or after the date of termination of the contract.


Download our app to see the most-to-date content.