Kentucky Revised Statutes
Ky. Rev. Stat. § 365.805 (2026)
Repurchase of inventory from retailer by supplier
✓ current as of May 2026
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If a retailer enters into a retail agreement contract, written or unwritten, with a supplier where the retailer agrees to maintain an inventory and the contract is terminated, the supplier shall repurchase the inventory as provided in KRS 365.800 to 365.840. The retailer may keep the inventory if the retailer desires. If the retailer has any outstanding debts to the supplier, the repurchase amount may be credited to the retailer's account. Effective: April 21, 2004 History: Amended 2004 Ky. Acts ch. 144, sec. 2, effective April 21, 2004. -- Created 1986 Ky. Acts ch. 32, sec. 2, effective February 28, 1986.
Notes of Decisions
Cited in 5
cases (3 in the last 5 years), 2006–2023 · leading case: Leon Mfg. Co. v. Wilson Kubota, LLC, 199 S.W.3d 759 (Ky. Ct. App. 2006).
Leon Mfg. Co. v. Wilson Kubota, LLC, 199 S.W.3d 759 (Ky. Ct. App. 2006). “And “Wilson Kubota” did have a franchise agreement as contemplated by [Kentucky Revised Statutes] KRS 365.805. 6. ‘Wilson Kubota” required Leon to repurchase inventory for resale totaling $65,603.”
S. Track & Pump, Inc. v. Terex Corp., 618 F. App'x 99 (3rd Cir. 2015). “3; Ky.Rev.Stat. Ann. § 365.805; Me.Rev.Stat.”
Cent. Jersey Constr. Equip. Sales, LLC v. LBX Co. LLC (E.D. Ky. 2022). “See KRS 365.805 (including “the supplier shall repurchase the inventory”); 365.”
Bennche, Inc. v. Silver Creek Transp., LLC (Ky. Ct. App. 2022). “KRS 365.805 requires suppliers of certain types of products who enter into agreements with retailers to repurchase inventory from the retailers upon terminating the agreement.”
Cent. Jersey Constr. Equip. Sales, LLC v. LBX Co., LLC (6th Cir. 2023). “Ky. Rev. Stat. §§ 365.805, .825. Central raised a separate claim under this inventory section.”
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