The provisions of sections 42-347 and 42-348 shall not require the repurchase from a dealer of:
(1) A repair part with a limited storage life or otherwise subject to physical or structural deterioration including, but not limited to, gaskets or batteries;
(2) A single repair part normally priced and sold in a set of two or more items;
(3) A repair part that, because of its condition, cannot be marketed as a new part without repackaging or reconditioning by the supplier or a manufacturer;
(4) Any inventory that the dealer elects to retain;
(5) Any inventory ordered by the dealer after receipt of notice of termination of the dealer agreement by either the dealer or the supplier; or
(6) Any inventory that was acquired by the dealer from a source other than the supplier or other qualified vendor under the dealer agreement.
(P.A. 97-179, S. 5.)
Structure Connecticut General Statutes
Title 42 - Business, Selling, Trading and Collection Practices
Chapter 743r - Farm, Forestry, Yard and Garden Equipment Dealers and Suppliers
Section 42-345. - Definitions.
Section 42-346. - Termination of dealer agreement by supplier or dealer.
Section 42-348. - Inventory repurchase. Examination of books and records. Payment for inventory.
Section 42-349. - Exceptions to inventory repurchase requirements.
Section 42-350. - Supplier's consent to transfer of dealer's business, stock or other interest.
Section 42-351. - Payment of consumer warranty claims by supplier. Denial and resubmittal of claims.
Section 42-352. - Obligation of successor in interest or assignee of supplier or dealer.
Section 42-353. - Security interest in inventory. Arbitration. Waiver void. Settlements.