South Carolina § 39-59-60 - Liability for failure to make timely repurchase of inventory.
Full text of South Carolina South Carolina Code of Laws § 39-59-60 — Liability for failure to make timely repurchase of inventory., with citation guidance and answers to common questions.
§ 39-59-60. Liability for failure to make timely repurchase of inventory.
If any wholesaler, manufacturer, or distributor fails or refuses to repurchase any inventory covered under the provisions of this chapter within the time periods established in Section 39-59-30, he is civilly liable for one hundred percent of the current net price of the inventory, plus any freight charges paid by the retailer, the retailer's reasonable attorney's fees, court costs, and interest on the current net price computed at the legal rate of interest from the ninety-first day after contract termination.
HISTORY: 1984 Act No. 326.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 39-59-60
What does South Carolina Code of Laws § 39-59-60 cover?
Section 39-59-60 ("Liability for failure to make timely repurchase of inventory.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 39-59-60?
A common citation format is "South Carolina Code of Laws § 39-59-60" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 39-59-60 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.