2005 Idaho Code - 28-23-104 — DEATH OF DEALER -- REPURCHASE FROM HEIRS

                                  TITLE  28
                           COMMERCIAL TRANSACTIONS
                                  CHAPTER 23
                      REPURCHASE OF FARM MACHINERY UPON
                           TERMINATION OF CONTRACT
    28-23-104.  DEATH OF DEALER -- REPURCHASE FROM HEIRS. In the event of the
death of the retail dealer or a stockholder in a corporation operating a
retail dealership in the business of selling and retailing farm implements,
machinery, attachments or repair parts therefor, at the election of the dealer
or corporation, the manufacturer, wholesaler or distributor shall, unless the
heir or heirs of the deceased elect to continue to operate the dealership,
repurchase the merchandise from the heir or heirs upon the same terms and
conditions as are otherwise provided in this act. In the event the heir or
heirs do not agree to continue to operate the retail dealership, it shall be
deemed a cancellation or discontinuance of the contract by the retailer under
the provisions of sections 28-23-101 and 28-23-102.

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