Utah Code 13-12-6. Distributor electing not to continue doing business in state — Repurchase merchandise
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Terms Used In Utah Code 13-12-6
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
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
Enacted by Chapter 6, 1975 Special Session 1