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 The provisions of KRS 365.800 to 365.840 shall not require the repurchase from a retailer of: (1) Any repair part or superseded part which has a limited storage life or is otherwise subject to deterioration, such as rubber items, gaskets, or batteries; (2) Any repair part or superseded part which is in a broken or damaged package; (3) Any single repair part or superseded part which is priced as a set of two (2) or more items; (4) Any inventory for which the retailer is unable to furnish evidence, satisfacto ry to the supplier,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 un damaged 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 contra ct; or (8) Any inventory which was acquired by the retailer from any source other than the supplier. hich was ordered by the retailer on or after the date of notification of termination of the contra ct; or (8) Any inventory which was acquired by the retailer from any source other than the supplier. Effective: April 21, 2004 History: Amended 2004 Ky. Acts ch. 144, sec. 5, effective April 21, 2004. -- Created 1986 Ky. Acts ch. 32, sec. 5, effective Febr uary 28, 1986.
Kentucky Legal Code