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Terms Used In Indiana Code 15-12-3-17

  • inventory: means farm or industrial machinery held by a retailer. See Indiana Code 15-12-3-5
  • person: means an individual, a corporation, a limited liability company, a partnership, a trust, or an unincorporated association. See Indiana Code 15-12-3-7
  • retailer: means a person engaged in the business of selling, at retail, farm or industrial machinery. See Indiana Code 15-12-3-8
   Sec. 17. A retailer, wholesaler, manufacturer, or distributor may, in person or through a representative, inspect all inventory and certify its acceptability when it is packed for shipment to the wholesaler, manufacturer, or distributor for repurchase under this chapter.

[Pre-2008 Recodification Citation: 15-7-7-17.]

As added by P.L.2-2008, SEC.3.