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Section 47-25-1307 - Exceptions to repurchase requirement — Tennessee Law | CourtGPT
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  7. Section 47-25-1307 - Exceptions to repurchase requirement
Tennessee Legal Code

Section 47-25-1307 - Exceptions to repurchase requirement

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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.Acts 1999, ch. 193, § 8.