§ 19-204. Scope; certification of shipped parts.

Latest version.

   (a) Security interests in inventory not affected. -- This title does not affect a security interest of the supplier in the inventory of the dealer.

(b) Bulk transfers provisions inapplicable. -- Repurchase of inventory under this title is not subject to the bulk transfers provisions of Title 6 of this article.

(c) Certification of shipped parts. --

   (1) The dealer and supplier shall furnish representatives to inspect all parts and certify their acceptability when packed for shipment.

   (2) Failure of the supplier to provide a representative within 60 days shall result in automatic acceptance by the supplier of all returned items.

HISTORY: 2005, ch. 433, § 2.

                    
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