The wholesaler, manufacturer, or distributor has no more than ninety days to audit the books or records regarding any pay-offs, floor plans material or goods and to make any collections from them. If the retailer is involved in any promotional contest or promotion scheme, the wholesaler, manufacturer, or distributor has no more than ninety days to audit any books or records in order to determine compliance with the regulations of the contest or scheme in order to make any collections from them. The ninety day period shall run concurrently with the time period provided for in Section 39-59-30.
HISTORY: 1984 Act No. 326.
Structure South Carolina Code of Laws
Chapter 59 - Franchise Agreements Relating To Retail And Repurchase Of Farm Implements, Etc.
Section 39-59-10. Definitions.
Section 39-59-20. Repurchase of inventory upon termination of franchise agreement.
Section 39-59-30. Repurchase of inventory within ninety days; handling costs.
Section 39-59-40. Repurchase amount due within thirty days; title to inventory.
Section 39-59-50. Limitations upon repurchase of certain inventory.
Section 39-59-60. Liability for failure to make timely repurchase of inventory.
Section 39-59-70. Repurchase of inventory upon death or incapacity of retailer.
Section 39-59-80. Security interests in inventory.
Section 39-59-90. Audit of books or records.
Section 39-59-100. Warranty claims.
Section 39-59-110. Indemnification of retailer.