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Current as of January 01, 2025 | Updated by Findlaw Staff
The provisions of sections 42-347 and 42-348 shall not require the repurchase from a dealer of:
(1) A repair part with a limited storage life or otherwise subject to physical or structural deterioration including, but not limited to, gaskets or batteries;
(2) A single repair part normally priced and sold in a set of two or more items;
(3) A repair part that, because of its condition, cannot be marketed as a new part without repackaging or reconditioning by the supplier or a manufacturer;
(4) Any inventory that the dealer elects to retain;
(5) Any inventory ordered by the dealer after receipt of notice of termination of the dealer agreement by either the dealer or the supplier; or
(6) Any inventory that was acquired by the dealer from a source other than the supplier or other qualified vendor under the dealer agreement.
Cite this article: FindLaw.com - Connecticut General Statutes Title 42. Business, Selling, Trading and Collection Practices § 42-349. Exceptions to inventory repurchase requirements - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-42-business-selling-trading-and-collection-practices/ct-gen-st-sect-42-349/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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