Michigan Compiled Laws
Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)
Section 445.1451 - Short Title.

Sec. 1.
This act shall be known and may be cited as the "farm and utility equipment act".
History: 1984, Act 341, Imd. Eff. Dec 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 445 - Trade and Commerce

Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)

Section 445.1451 - Short Title.

Section 445.1452 - Definitions.

Section 445.1453 - Repurchase of Inventory on Termination of Agreement; Election to Keep Inventory.

Section 445.1454 - Repurchase Amount; Handling, Packing, and Loading; Effect of Payment; Subtraction of Debts; Shipment; Undeliverable or Unaccepted Goods; Notice of Intent to Return; Duties of Supplier; Duties of Escrow Agent; Warranty Claims.

Section 445.1455 - Provisions Supplemental; Election of Remedies; Effect of Electing Contract Remedy; Charge Back.

Section 445.1456 - Exceptions to Repurchase Requirement.

Section 445.1457 - Liability of Supplier or Manufacturer Failing or Refusing to Pay or Credit Account of Dealer; Right of Dealer to Bring Action.

Section 445.1457a - Notice of Termination, Cancellation, Nonrenewal, or Substantial Change in Competitive Circumstances.

Section 445.1458 - Death of Dealer or Majority Stockholder or Partner; Options of Heirs; Time Limitation; New Franchise Agreement.

Section 445.1459 - Security Interest in Inventory Not Affected.

Section 445.1460 - Applicability of Act.