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Session Laws, 1988
Volume 770, Page 2156   View pdf image
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Ch. 159

LAWS OF MARYLAND

Article - Commercial Law

Section 19-102

Annotated Code of Maryland

(1983 Replacement Volume and 1987 Supplement)

Preamble

WHEREAS, The Eastern Shore Delegation and Delegate Lutz

sponsored H.B. 639 of the 1987 Session, which Governor Schaefer

signed into law as Chapter 753 of the Acts of 1987, to establish
the Equipment Dealer Contract Act; and

WHEREAS, This bill is introduced to correct an amendment to
the 1987 bill, and specifically this bill substitutes "equipment"
in place of "equipment, or other inventory" in § 19-102(a)(6) of
the Commercial Law Article to remove repair parts from certain
time limitations contained in the current law; now, therefore,

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Commercial Law

19-101.

(a) In this title, unless the context requires otherwise,
the following words have the meanings indicated.

(f) "Inventory" means the tractors, implements,
attachments, equipment, or repair parts that a dealer purchased
from a supplier.

19-102.

(a) This title does not require a supplier to repurchase
from a dealer:

(1)  A repair part with a limited storage life or
otherwise subject to deterioration, such as a gasket or battery;

(2)  Multiple packaged repair parts if the package has
been broken;

(3)  A repair part that, because of its condition, is
not resalable as a new part without repackaging or
reconditioning;

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

(5)  Any inventory that was acquired by the dealer
from a source other than the supplier; or

- 2156 -

 

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Session Laws, 1988
Volume 770, Page 2156   View pdf image
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