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2017 Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 77 - Repurchase of Inventories From Retailers Upon Termination of Contract
§ 75-77-11. Civil liability for failure or refusal to repurchase
Universal Citation: MS Code § 75-77-11 (2017)
If any supplier shall fail or refuse to repurchase and pay the retailer for any inventory covered under the provisions of this chapter within sixty (60) days after shipment of such inventory, he shall be civilly liable for one hundred percent (100%) of the current net price of the inventory, plus any freight charges paid by the retailer, the retailer's attorney's fees, court costs and interest on the current net price computed at the legal interest rate from the sixty-first day after date of shipment.
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