There is a newer version of the Michigan Compiled Laws
2014 Michigan Compiled Laws
Chapter 445 - TRADE AND COMMERCE
Act 341 of 1984 FARM AND UTILITY EQUIPMENT ACT (445.1451 - 445.1460)
- Section 445.1451 Short title.
- Section 445.1452 Definitions.
- Section 445.1453 Repurchase of inventory on termination of agreement; election to keep inventory.
- Section 445.1454 Repurchase amount; handling, packing, and loading; effect of payment; subtraction of debts; shipment; undeliverable or unaccepted goods; notice of intent to return; duties of supplier; duties of escrow agent; warranty claims.
- Section 445.1455 Provisions supplemental; election of remedies; effect of electing contract remedy; charge back.
- Section 445.1456 Exceptions to repurchase requirement.
- Section 445.1457 Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action.
- Section 445.1457a Notice of termination, cancellation, nonrenewal, or substantial change in competitive circumstances.
- Section 445.1458 Death of dealer or majority stockholder or partner; options of heirs; time limitation; new franchise agreement.
- Section 445.1459 Security interest in inventory not affected.
- Section 445.1460 Applicability of act.
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