State Codes and Statutes

Statutes > Connecticut > Title42 > Chap743r > Sec42-349

      Sec. 42-349. Exceptions to inventory repurchase requirements. The provisions of sections 42-347 and 42-348 shall not require the repurchase from a dealer of:

      (1) A repair part with a limited storage life or otherwise subject to physical or structural deterioration including, but not limited to, gaskets or batteries;

      (2) A single repair part normally priced and sold in a set of two or more items;

      (3) A repair part that, because of its condition, cannot be marketed as a new part without repackaging or reconditioning by the supplier or a manufacturer;

      (4) Any inventory that the dealer elects to retain;

      (5) Any inventory ordered by the dealer after receipt of notice of termination of the dealer agreement by either the dealer or the supplier; or

      (6) Any inventory that was acquired by the dealer from a source other than the supplier or other qualified vendor under the dealer agreement.

      (P.A. 97-179, S. 5.)