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2005 LAWS OF MARYLAND
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Ch. 433
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supplier to furnish representatives to inspect parts and certify their
acceptability when packed for shipment; providing that failure of a supplier to
provide a representative within a certain time shall result in automatic
acceptance by the supplier of all returned items; requiring a supplier to
repurchase a dealer's inventory under certain circumstances; authorizing a
repurchase amount to be set off or credited, to a retailer's account if a dealer has
outstanding debts to a supplier; authorizing a certain person to require the
supplier to repurchase inventory under certain circumstances; providing that an
heir, personal representative, guardian, or succeeding stockholder has a certain
amount of time to exercise a certain option; requiring a supplier to pay a dealer
certain amounts to repurchase certain inventory; requiring a supplier to pay
certain costs or perform the handling, packing, and loading of repair parts;
requiring a repurchase amount to be credited to the dealer's account if the
dealer has any outstanding debts to the supplier; requiring the title and right of
possession to the repurchased inventory to be transferred to the supplier upon
payment of the repurchase amount to the dealer; prohibiting a supplier or
lender from debiting a dealer's reserve account unless a certain condition is met;
requiring that a former dealer or the heirs of a dealer be given quarterly status
reports on any remaining outstanding recourse contracts; providing for the
return of reserve account funds to a dealer or the heirs of the dealer; requiring a
supplier to repurchase inventory from an heir of a dealer or majority
stockholder under certain circumstances; requiring an heir to exercise a certain
option within a certain amount of time; providing that nothing in this Act shall
require the repurchase of inventory if the heir and the supplier enter into a new
contract to operate the retail dealership; requiring a supplier to consider and
make a determination on a request by a family member to enter into a new
contract to operate a dealership within a certain amount of time; requiring a
supplier to provide a family member with a certain written notice; providing
that an heir, personal representative, or family member of a dealer is not
entitled to operate a dealership without the specific written consent of the
supplier; requiring an agreement between a supplier and dealer to be enforced
notwithstanding certain circumstances; repealing certain provisions relating to
the termination of a contract; repealing a certain notice requirement relating to
the termination of a contract; requiring a supplier to provide notice and a right
to cure to a dealer under certain circumstances; authorizing a supplier to
terminate a contract under certain circumstances; altering the amount of time
prior to the termination of a contract within which a dealer is required to
provide certain notice; repealing certain provisions relating to a warranty claim
submitted by a dealer; requiring a supplier to pay a certain warranty claim
made by a dealer within a certain amount of time; requiring a supplier to
approve or disapprove a warranty claim within a certain amount of time;
providing for certain notice relating to a warranty claim; requiring a supplier to
indemnify a dealer under certain circumstances; requiring a manufacturer,
wholesaler, or distributor to accept or reject a certain claim for warranty work
within a certain amount of time; requiring that interest accrue at a certain rate;
providing for certain compensation for warranty work; repealing certain
provisions relating to the transfer of a dealership; prohibiting a supplier from
coercing a dealer in certain ways; providing for civil liability of a supplier that
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- 2000 -
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