§ 13-12-6. Distributor electing not to continue doing business in state -- Repurchase merchandise.

Latest version.

If a distributor elects to discontinue doing business in the state of Utah during the term of a marketing agreement with the dealer, the distributor shall repurchase merchandise in salable condition at a fair wholesale market value not to exceed original invoice price which the dealer has purchased from the distributor.

Enacted by Chapter 6, 1975 Special Session 1

                    
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