Tennessee Code 47-25-1307 – Exceptions to repurchase requirement
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This part shall not require the repurchase from a retailer of:
Terms Used In Tennessee Code 47-25-1307
- Contract: A legal written agreement that becomes binding when signed.
- Inventory: means farm implements and machinery, construction, utility and industrial equipment, consumer products, outdoor power equipment, attachments and repair parts. See Tennessee Code 47-25-1301
- Retailer: means any person, firm or corporation engaged in the business of selling and retailing farm implements and machinery, construction, utility and industrial equipment, outdoor power equipment, attachments or repair parts and shall not include retailers of petroleum products. See Tennessee Code 47-25-1301