§ 19-302. Civil penalties.  


Latest version.



  •    If a supplier fails or refuses to repurchase, in accordance with § 19-202 of this title, any inventory covered under the provisions of this title within the time periods established, the supplier is civilly liable for:

       (1) 100 percent of the current net price of the inventory;

       (2) The amount the dealer paid for freight costs from the supplier's location to the dealer's location;

       (3) The dealer's reasonable attorney's fees and court costs; and

       (4) Interest on the current net price of the inventory computed from the 91st day after termination of the contract at the legal rate of interest.


HISTORY: 2005, ch. 433, § 1, 2.