Upon payment of the repurchase amount to the retailer, the title and right of possession to the repurchased inventory shall transfer to the wholesaler, manufacturer, or distributor.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 6 - Business Practices
Subchapter 3 - Farm Equipment Retailer Franchise Protection
§ 4-72-302. Applicability of subchapter — Subchapter cumulative
§ 4-72-303. Security interests unaffected by subchapter — Bulk sales law inapplicable
§ 4-72-305. Retailer's option on merchandise at termination of franchise
§ 4-72-306. Death of retailer equivalent to termination
§ 4-72-307. Inventory not required to be repurchased
§ 4-72-308. Title and possession of inventory