30-11-704. Repurchase of inventory of deceased retailer or wholesaler. If the retailer, wholesaler, or majority stockholder in a corporation operating as a retailer or wholesaler entitled to payment under this part dies, the wholesaler, manufacturer, or distributor shall, unless the heirs or devisees of the deceased agree to continue to operate the dealership, repurchase the inventory from the heirs or devisees in the manner prescribed in 30-11-702.
History: En. Sec. 4, Ch. 338, L. 1983; amd. Sec. 3, Ch. 297, L. 1985.
Structure Montana Code Annotated
Part 7. Canceled Dealership Contracts Repurchase Requirements
30-11-702. Repurchase of inventory items upon cancellation of dealership or distribution contract
30-11-704. Repurchase of inventory of deceased retailer or wholesaler
30-11-705. Reimbursement for or repurchase of signs, special equipment, and special tools
30-11-706. through 30-11-710 reserved
30-11-711. Rights not affected
30-11-713. Remedy as supplemental