2012 Delaware Code
Title 6 - Commerce and Trade
CHAPTER 49. MOTOR VEHICLE FRANCHISING PRACTICES
§ 4907. Termination, cancellation or nonrenewal of franchise -- Compensation by manufacturer.

Upon the termination, nonrenewal, discontinuance or cancellation of any franchise by the manufacturer, the new motor vehicle dealership shall be allowed fair and reasonable compensation by the manufacturer for:

(1) New and unused current model motor vehicle inventory which has been acquired from the manufacturer or distributor, or new and unused motor vehicle inventory which has been acquired from the manufacturer or distributor within 120 days of the notice of termination and which has not been altered or damaged while in the dealer's possession;

(2) All new, unused, undamaged parts in their original, unbroken packaging, listed in the current price catalog and acquired from the manufacturer or distributor, at the new motor vehicle dealer price listed in the current price catalog, less applicable allowances. If the above parts are not listed in the current price catalog due to the manufacturer's or distributor's renumbering of parts or issuance of a superseding part number within the last 2 years, said parts shall be repurchased by the manufacturer, provided they are new, unused, undamaged parts in their original, unbroken packaging and are in salable condition;

(3) Equipment and furnishings particular to the line make, showroom kiosks and other marketing structures required by the manufacturer for promotional displays and purchased within the last 3 years, provided the new motor dealer purchased such items from the manufacturer or distributor or its approved sources; and

(4) Special tools.

64 Del. Laws, c. 27, § 1; 73 Del. Laws, c. 78, § 5.;