Louisiana · Louisiana Revised Statutes — Title 32, Motor Vehicles and Traffic
La. R.S. 32 § 32:1270.17: Requirements upon termination; penalty; indemnity; motorcycle or all-terrain vehicle dealers
What this law says, in plain English
When a motorcycle or ATV dealer stops business, the manufacturer must repurchase unsold inventory, signage, and equipment within 30 days of notice, paying cost plus freight and advertising minus allowances, or fair market value for signs and tools.
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