Arkansas § 4-72-304 - Wholesaler, manufacturer, or distributor to repurchase undamaged goods and cover cost of return.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-72-304 — Wholesaler, manufacturer, or distributor to repurchase undamaged goods and cover cost of return., with citation guidance and answers to common questions.
§ 4-72-304. Wholesaler, manufacturer, or distributor to repurchase undamaged goods and cover cost of return.
The wholesaler, manufacturer, or distributor shall repurchase that inventory previously purchased from him or her and held by the retailer on the date of termination of the contract. The wholesaler, manufacturer, or distributor shall pay one hundred percent (100%) of the net cost of all new, unsold, undamaged, and complete farm implements, machinery, utility and industrial equipment, and attachments, and one hundred percent (100%) of the current net price of all new, unused, and undamaged repair parts. The wholesaler, manufacturer, or distributor shall pay the retailer five percent (5%) of the current net price on all new, unused, and undamaged repair parts returned to cover the cost of handling, packing, and loading. The wholesaler, manufacturer, or distributor shall have the option of performing the handling, packing, and loading in lieu of paying the five percent (5%) for these services.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-72-304
What does Arkansas Code of 1987 Annotated § 4-72-304 cover?
Section 4-72-304 ("Wholesaler, manufacturer, or distributor to repurchase undamaged goods and cover cost of return.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-72-304?
A common citation format is "Arkansas Code of 1987 Annotated § 4-72-304" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-72-304 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.