Minnesota Statutes 325E.05 – Agricultural Implement Dealerships; Return of Stock
Current as of: 2023 | Check for updates
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If a franchised agricultural machinery or implement dealership is discontinued for economic reasons, the firm, company, person, or successor in interest issuing the franchise to the dealer shall purchase all listed parts in the dealer’s stock purchased originally from firm, company, or person issuing franchise at a price agreeable to the franchised dealer and such firm, company, person, or successor in interest.
Terms Used In Minnesota Statutes 325E.05
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44