There Is a Newer Version of the Michigan Compiled Laws
2012 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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