§ 19–204

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 19-204 (2026)

Title 19. Equipment Dealer Contract Act

Subtitle 2. Repurchase Requirements and Terms

(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.