30-11-711. Rights not affected. (1) This part does not affect any contractual right of a wholesaler, manufacturer, or distributor to charge back to the retailer’s or wholesaler’s account any amount previously credited or paid as a discount incident to the retailer’s or wholesaler’s purchase of the goods.

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Terms Used In Montana Code 30-11-711

  • Inventory: means :

    (a)farm implements, machinery, attachments, and repair parts;

    (b)industrial and construction equipment and repair parts;

    (c)new motor vehicles, trucks, trailers, semitrailers, pole trailers, travel trailers, and repair parts sold by a dealer as defined in 61-1-101;

    (d)motorcycles, motor-driven cycles, recreational vehicles, and quadricycles, as those terms are defined in 61-1-101, and repair parts;

    (e)snowmobiles, as defined in 23-2-601, and repair parts;

    (f)off-highway vehicles, as defined in 23-2-801, and repair parts; and

    (g)vessels, as defined in 23-2-502, detachable motors or engines used to propel vessels, and repair parts. See Montana Code 30-11-701

  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Wholesaler: means any individual, partnership, association, or corporation engaged in the business of selling inventory, as defined in this section, to retailers. See Montana Code 30-11-701

(2)This part does not affect any security interest that any financial institution, person, wholesaler, manufacturer, or distributor may have in the inventory of the retailer or wholesaler.