§ 11-1304. Repurchase
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 11-1304
§ 11-1304. Repurchase
(a) Except as provided in subsection (c) of this section, on cancellation or nonrenewal of an agreement by a grantor for any reason, including a distributor's failure to cure under § 11-1305 of this subtitle, the grantor shall have the right to, and must at the option of the distributor, repurchase all merchandise sold by the grantor to the distributor, and the distributor must sell the merchandise to the grantor, at a price equal to:
Credits
Added by Acts 1993, c. 453, § 1, eff. Oct. 1, 1993. Amended by Acts 1995, c. 326, § 1, eff. Oct. 1, 1995.
MD Code, Commercial Law, § 11-1304, MD COML § 11-1304
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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