CED

October 2013

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ause d for tion State Dealer Protection Laws Notice of Termination Required Buy-Back Requirement Immediate Termination Available Time Required to Correct Deficiencies Special Provision Regarding Transferability Special Provision Regarding Return of Surplus Parts Special Provision Regarding Warranties Restriction on Waiver of Statutory Protection Yes, 90 days Yes, within 90 days of termination Yes Yes, 6 months Yes Yes Yes Yes Yes, 120 days Yes, payment due within 90 days of return Yes Yes, 90 days Yes No No Yes No Yes, request must be made within three months of termination Yes None No No No Yes Yes, 90 days Yes Yes Yes, 60 days Yes Yes No Yes No Yes, payment due within 60 days of return Yes No No No Yes No Yes, 180 days for non-SLD, 90 days (generally) for SLD Yes, payment due within 90 days of return. Yes Yes, 60 days Yes Yes Yes Yes Yes, 180 days Yes Yes Yes, 180 days Yes Yes Yes Yes Yes, 120 days Yes, payment due within 45 days of return Yes No Yes No Yes Yes Yes, 6 months (90 days in some cases) Yes, request must be made within 90 days of termination; payment due within 60 days of return Yes No No No Yes No None None None None None None None None Yes, 180 days Yes, request must be made within 60 days of termination Yes Yes, 180 days Yes Yes Yes Yes Yes, 90 days Yes, request must be made within 60 days of termination Yes No Yes Yes Yes Yes Yes, 120 days No Yes Yes, 75 days Yes No No Yes Yes, 90 days Yes, request must be made within 60 days of termination Yes Yes, 90 days Yes Yes Yes Yes Yes, 60 days Yes, request must be made within 60 days of termination Yes No Yes Yes Yes Yes None None None None None None None None October 2013 | Construction Equipment Distribution | www.cedmag.com | 21 18_Law_Story_Feature_KP.indd 21 9/27/13 5:18 AM

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