If a franchised agricultural machinery or implement dealership is discontinued for economic reasons, the firm, company, person, or successor in interest issuing the franchise to the dealer shall purchase all listed parts in the dealer's stock purchased originally from firm, company, or person issuing franchise at a price agreeable to the franchised dealer and such firm, company, person, or successor in interest.
Minn. Stat. § 325E.05
AGRICULTURAL IMPLEMENT DEALERSHIPS; RETURN OF STOCK.
Known as the Minnesota Agricultural Equipment Dealership Act
The act spans §§ 325–325 (10 sections).
1959 c 398 s 1; 1988 c 502 s 1
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.