If a dealership agreement is terminated by a grantor, the grantor, at the option of the dealer, shall repurchase all inventories sold by the grantor to the dealer for resale under the dealership agreement at the fair wholesale market value. This section applies only to merchandise with a name, trademark, label, or other mark on it which identifies the grantor.
Structure Code of Alabama
Article 4 - Business, Labor, and Occupations.
Section 45-2-41 - Applicability.
Section 45-2-41.01 - Definitions.
Section 45-2-41.02 - Construction and Application.
Section 45-2-41.03 - Termination, Modification, etc., of Dealership Agreement - Good Cause Required.
Section 45-2-41.04 - Termination, Modification, etc., of Dealership Agreement - Notice.
Section 45-2-41.05 - Repurchase of Inventory.
Section 45-2-41.06 - Competing Product Lines or Brands.
Section 45-2-41.07 - Remedies.
Section 45-2-41.08 - Irreparable Injury; Temporary Injunction.
Section 45-2-41.09 - Relation to Other Laws; Rights of Transferees and Successors.