RSMo 407.875effective 28 Aug 1982

Liability for failure to repurchase inventory

In plain English

If a wholesaler, manufacturer, or distributor refuses to buy back inventory from a retailer like the law says they have to, they owe the retailer the full price of that inventory, plus any shipping costs the retailer paid, plus the retailer's lawyer fees and court costs.

Word-for-word law

407.875. for failure to . — If any , or shall fail or refuse to repurchase any inventory as required by section 407.860, he shall be for one hundred percent of the of the inventory, plus any freight charges paid by the , the retailer's , and .

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Source & history notes

(L. 1982 H.B. 958 § 6)

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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.