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Home » US Law » 2022 Indiana Code » Title 24. Trade Regulation » Article 13. Pyramid Promotional Schemes » Chapter 1. Definitions » 24-13-1-2. “Appropriate Inventory Repurchase Program”

Sec. 2. “Appropriate inventory repurchase program” means a program by which an entity repurchases from a salesperson current and marketable inventory in the possession of the salesperson, upon request and upon commercially reasonable terms, when the salesperson’s business relationship with the entity ends.

As added by P.L.105-2017, SEC.3.