16-1202

Chapter 16.--CONTRACTS AND PROMISES
Article 12.--FARM EQUIPMENT DEALERSHIP AGREEMENTS

      16-1202.   Definitions.As used in this act:

      (a)   "Farm equipment" means equipment including, but not limited to,tractors, trailers, combines, tillage implements, bailers and otherequipment, including attachments and repair parts therefor, used inplanting, cultivating, irrigation, harvesting and marketing of agriculturalproducts, excluding self-propelled machines designed primarily for thetransportation of persons or property on a street or highway.

      (b)   "Farm equipment manufacturer" means any person, partnership,corporation, association or other form of business enterprise engaged inthe manufacturing, assembly or wholesale distribution of farmequipment.

      (c)   "Farm equipment dealer" or "farm equipment dealership" means anyperson, partnership, corporation, association or other form of businessenterprise engaged in the retail sale of farmequipment.

      (d)   "Dealership agreement" means an oral or written agreement ofdefinite or indefinite duration between a farm equipment manufacturer and afarm equipment dealer which provides for the rights and obligations of theparties with respect to the purchase or sale of farm equipment.

      History:   L. 1986, ch. 2, § 2; July 1.