325E.05 AGRICULTURAL IMPLEMENT DEALERSHIPS; RETURN OF STOCK. If a franchised agricultural machinery or implement dealership is discontinued for economic reasons, the firm, company, person, or successor in interest issuing the franchise to the dealer shall purchase all listed parts in the dealer’s stock purchased originally from firm, company, or person issuing franchise at a price […]
325E.06 REPURCHASE OF FARM MACHINERY, IMPLEMENTS, ATTACHMENTS AND PARTS UPON TERMINATION OF CONTRACT. Subdivision 1. Obligation to repurchase. Whenever any person, firm, or corporation engaged in the business of selling and retailing farm implements and repair parts for farm implements enters into a written or oral contract, sales agreement, or security agreement whereby the retailer […]
325E.061 DEFINITIONS. Subdivision 1. Scope. For the purposes of sections 325E.061 to 325E.065, the terms defined in this section have the meanings given them. Subd. 2. Farm equipment. “Farm equipment” means equipment and parts for equipment including, but not limited to, tractors, trailers, combines, tillage implements, balers, skid steer loaders, attachments and repair parts for […]
325E.062 TERMINATIONS OR CANCELLATIONS. Subdivision 1. Good cause required. No farm equipment manufacturer, directly or through an officer, agent, or employee may terminate, cancel, fail to renew, or substantially change the competitive circumstances of a dealership agreement without good cause. “Good cause” means failure by a farm equipment dealer to substantially comply with essential and […]
325E.063 VIOLATIONS. (a) It is a violation of sections 325E.061 to 325E.065 for a farm equipment manufacturer to coerce a farm equipment dealer to accept delivery of farm equipment which the farm equipment dealer has not voluntarily ordered. (b) It is a violation of sections 325E.061 to 325E.065 for a farm equipment manufacturer to: (1) […]
325E.0631 WARRANTIES. Subdivision 1. Application. The requirements of this section apply to all warranty claims submitted by a dealer to a farm equipment manufacturer in which the farm equipment dealer has complied with the reasonable policies and procedures contained in the farm equipment manufacturer’s warranty. Subd. 2. Prompt payment. Claims filed for payment under warranty […]
325E.064 STATUS OF INCONSISTENT AGREEMENTS. A term of a dealership agreement either expressed or implied, including a choice of law provision, which is inconsistent with the terms of sections 325E.061 to 325E.065 or that purports to waive a farm equipment manufacturer’s compliance with sections 325E.061 to 325E.065 is void and unenforceable and does not waive […]
325E.065 REMEDIES. If a farm equipment manufacturer violates sections 325E.061 to 325E.065, a farm equipment dealer may bring an action against the manufacturer in a court of competent jurisdiction for damages sustained by the dealer as a consequence of the manufacturer’s violation, together with the actual costs of the action, including reasonable attorney’s fees, and […]
325E.066 CITATION. Sections 325E.061 to 325E.065 may be cited as the “Minnesota Agricultural Equipment Dealership Act.” History: 1988 c 511 s 6
325E.067 APPLICABILITY. The provisions of sections 325E.061 to 325E.065 are effective April 14, 1988, and apply to all dealership agreements now in effect which have no expiration date and which are continuing contracts, and all other contracts entered into, amended, or renewed after April 14, 1988. Any contract in force and effect on April 14, […]
