CED

October 2013

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State Dealer Protection Laws 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 ys Yes, payment due within 60 days of shipment Yes Yes, 60 days No No Yes Yes ys No Yes Yes, 60 days No No No No ys No Yes Yes, 60 days No No No No Yes, payment due within 60 days of return Yes No No No Yes No --- --- --- Yes --- -- --- No Yes No No No No No Yes, payment due within 60 days of return Yes No No No No No ys No Yes Yes, 60 days Yes No No No ys No Yes Yes, 60 days Yes No No No Yes, payment due within 60 days of return Yes No No No No No ys Yes, payment due within 90 days of return Yes Yes, 60 days Yes Yes No Yes ays Yes, payment due within 60 days of shipment Yes Yes, 60 days No Yes Yes Yes ys (180 me Yes, payment due within 90 days of termination No Yes, 180 days Yes No Yes Yes None None None None None None None Yes, payment due within 60 days of return Yes No No No Yes No ys Yes, payment due within 60 days of return Yes No Yes Yes Yes Yes ys Yes, within 90 days of termination Yes Yes, 60 days No No Yes Yes Yes Yes No No No No No V and 0 days Yes, payment due within 30 days of "final settlement" Yes No Yes No Yes Yes (applies only to MV, TR) ays Yes, payment due within 90 days of return No Supplier must give dealer opportunity to submit remedial plan No No No No ays (2 ailure asonards rmance ) Yes, payment due within 90 days of return Yes Yes, 60 days Yes No Yes Yes ys Yes, payment due within 90 days of return Yes Yes, 60 days Yes No Yes Yes on October 2013 | Construction Equipment Distribution | www.cedmag.com | 25 18_Law_Story_Feature_KP.indd 25 9/27/13 5:19 AM

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