§ 47-25-1801. Definitions
The terms “inventory”, “retailer”, and “supplier” shall have the same meaning as provided in § 47-25-1301.
§ 47-25-1802. Approval of Warranty Claims — Notice of Claim
Claims by a retailer for payment under warranty agreements pertaining to inventory shall either be approved or disapproved within thirty (30) days of receipt by the supplier. All approved claims shall be paid within thirty (30) days of their approval. When any such claim is disapproved, the supplier shall notify the dealer within thirty (30) […]
§ 47-25-1803. Honoring Warranty After Termination of Contract
If, after termination of a contract, the retailer submits a claim to the supplier for warranty work performed prior to the effective date of the termination, the supplier shall accept or reject the claim within thirty (30) days of its receipt.
§ 47-25-1804. Compensation
Warranty work performed by a retailer shall be compensated in accordance with the reasonable and customary amount of time required to complete such work, expressed in hours and fractions thereof multiplied by the retailer’s established customer hourly retail labor rate, which shall have previously been made known to the supplier.
§ 47-25-1805. Excluded Expenses
Expenses expressly excluded under the supplier’s warranty to the customer shall not be included or required to be paid on requests for compensation from the retailer for warranty work performed.
§ 47-25-1806. Reimbursement to Retailer
All parts used by the retailer in performing such warranty work shall be paid to the retailer in the amount equal to the retailer’s net price for such parts, plus a minimum of fifteen percent (15%). This addition is to reimburse the retailer for reasonable costs of doing business in performing such warranty service on […]
§ 47-25-1807. Right to Audit
The supplier has the right to adjust for errors discovered during audit and, if necessary, to adjust claims paid in error.
§ 47-25-1808. Alternative Reimbursement From Supplier
The retailer shall have the right to accept the supplier’s reimbursement terms and conditions in lieu of the provisions of this part.