Section 4-72-303 - Security interests unaffected by subchapter - Bulk sales law inapplicable

The provisions of this subchapter shall not be construed to affect in any way any security interest which the wholesaler, manufacturer, or distributor may have in the inventory of the retailer, and any repurchase under the provisions of this subchapter shall not be subject to the provisions of the bulk sales law. The retailer, wholesaler, manufacturer, or distributor may furnish a representative to inspect all parts and certify their acceptability when packed for shipment.Acts 1979, No. 810, § 8; A.S.A. 1947, § 70-826.