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Public Act Number: 86
Public Act Year: 1995
Document Type(s): MCLs
(11 results found)
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Document Type Description
Act 341 of 1984 Statute FARM AND UTILITY EQUIPMENT ACT (445.1451 - 445.1460)
Section 445.1452 Section Definitions.
Section 445.1453 Section Repurchase of inventory on termination of agreement; election to keep inventory.
Section 445.1454 Section 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 Section Provisions supplemental; election of remedies; effect of electing contract remedy; charge back.
Section 445.1456 Section Exceptions to repurchase requirement.
Section 445.1457 Section Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action.
Section 445.1457a Section Notice of termination, cancellation, nonrenewal, or substantial change in competitive circumstances.
Section 445.1458 Section Death of dealer or majority stockholder or partner; options of heirs; time limitation; new franchise agreement.
Section 445.1459 Section Security interest in inventory not affected.
Section 445.1460 Section Applicability of act.