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§ 19-204. Security interests; bulk transfers; inspection

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 19. Equipment Dealer Contract Act (Refs & Annos)
Subtitle 2. Repurchase Requirements and Terms (Refs & Annos)
MD Code, Commercial Law, § 19-204
§ 19-204. Security interests; bulk transfers; inspection
Currentness
(a) This title does not affect a security interest of the supplier in the inventory of the dealer.
(b) Repurchase of inventory under this title is not subject to the bulk transfers provisions of Title 6 of this article.
(c)(1) The dealer and supplier shall furnish representatives to inspect all parts and certify their acceptability when packed for shipment.
(2) Failure of the supplier to provide a representative within 60 days shall result in automatic acceptance by the supplier of all returned items.

Credits

Added by Acts 2005, c. 433, § 2, eff. July 1, 2005.
MD Code, Commercial Law, § 19-204, MD COML § 19-204
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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