Tennessee Code 47-25-1908 – Exceptions to repurchase requirement
Current as of: 2024 | Check for updates
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This part does not require repurchase from a dealer of:
Terms Used In Tennessee Code 47-25-1908
- Dealer: means any person engaged in the business of selling and retailing inventory, who enters into a retail agreement, and who, under the terms of the agreement receives inventory from the supplier. See Tennessee Code 47-25-1902
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Inventory: means motorcycles, off-road vehicles, attachments and repair parts. See Tennessee Code 47-25-1902
- Motorcycle: means a motorcycle as defined in §. See Tennessee Code 47-25-1902
- Off-road vehicle: means any off-road motorcycle, all-terrain vehicle, utility vehicle or dune buggy. See Tennessee Code 47-25-1902
- Retail agreement: means an agreement, including a franchise agreement that meets the requirements of a retail agreement, whether express, implied, oral, or written, between two (2) or more persons:
(A) By which a person receives the right to: (i) Sell or lease inventory or services at retail or wholesale. See Tennessee Code 47-25-1902 - Supplier: includes a:
(A) Wholesaler. See Tennessee Code 47-25-1902