New York Laws
Article 33-A - Dealer Agreements for the Sale of Farm Equipment
696-F - Repurchase of Equipment Upon Termination.

(a) any repair part which has a limited storage life or is otherwise
subject to deterioration;
(b) any single repair part which is priced as a set of two or more
items;
(c) any repair part which because of its condition is not resalable as
a new part without repairing or reconditioning;
(d) any inventory for which the dealer is unable to furnish evidence
reasonably satisfactory to the supplier, of good title, free and clear
of all claims, liens and encumbrances;
(e) any inventory which the dealer desires to keep, provided the
dealer has a contractural right to do so;
(f) any equipment which is not in new, unused, undamaged, and complete
condition;
(g) any equipment which has been used by the dealer or has
deteriorated because of weather conditions at the dealer's location
unless the supplier receives a reasonable allowance for such usage or
deterioration;
(h) any repair parts which are not in new, unused, undamaged
condition;
(i) any inventory which was ordered by the dealer on or after the date
of receipt of the notification of termination of the dealer agreement;
or
(j) any inventory which was acquired by the dealer from any source
other than the supplier.
5. If any supplier shall fail or refuse to repurchase any inventory
covered under the provisions of this article within sixty days after
termination of a dealer's contract, he shall be civilly liable for a
total amount of one hundred fifteen percent of the current net price of
the inventory plus any freight charges paid by the dealer plus all cost
of financing such repurchase, including courts costs and reasonable
attorneys' fees allowed by the court.