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Confirm the dealer and each item
Chapter 40-20’s dealer definition combines selling/leasing to consumers and repair/service activities with stated exclusions. Owning a machine alone is insufficient; closing a covered location can also raise inventory issues under the agreement definition. Lawful termination remains a separate question.
Section 121 has conditions/exclusions for damaged packages, reconditioning, clear title, retained goods, condition, equipment delivered before the stated 36-month window, post-notice orders and other-source goods. Apply the actual qualifications: a damaged package is not always zero recovery.
Do not apply one percentage to every category
These section 120 figures concern qualifying items, with separate handling/freight and demonstrator conditions.
| Category | Stated basis |
|---|---|
| Eligible new equipment; qualifying demonstrators separately conditioned | Ordinary equipment figure: 100% of net equipment cost. |
| Qualifying repair parts | 95% of current net parts price. |
| Required data-processing hardware/software | Three-year straight-line acquisition-cost approach: spread acquisition cost evenly over the stated three years, subject to the minimum-specification qualification. |
| Specialized repair tools | 75% of invoice, subject to eligibility. |
Return timing and payment start from different events
Section 121(a)(ix)’s return provision is tied to the later of effective termination and receipt of required return-policy information, with its notice qualification—not simply 90 days from any letter.
Section 120(b) generally requires payment or credit within 90 days after supplier receipt of covered property. The stated contractual signage-removal failure permits withholding. Outstanding sums can lead to account credit rather than cash; keep offsets and shared freight distinct.
In the fictional example, proved eligible $10,000 net equipment cost plus $2,000 qualifying current parts prices produces $10,000 × 100% + $2,000 × 95% = $11,900 before separate handling, freight, offsets and other conditions. That arithmetic does not establish technology/tool amounts, timely return or actual receipt/payment.
Scope
- Only the defined equipment-dealer branch is covered. No actual title, eligibility, return deadline, amount, tax treatment or recovery is determined.
Next step
Apply the actual item basis and return conditions, then distinguish the supplier’s receipt, any credit and cash payment.
Sources & review notes
Wyoming Legislature
Passage, dates and research notes
primary · §§ 40-20-113 through 40-20-123
No supplier may terminate a dealer agreement without good cause.
Complete relevant Chapter 20 read. Single-line and other dealer termination regimes differ. Product, dealer and exclusion facts require review.
Detailed rule records (1)
Apply 40-20-113’s definitions and 120–121’s item categories, price bases, exclusions and return/payment conditions. Required hardware/software and specialized tools have separate valuation rules; goods on a ledger are not automatically eligible.
Wyoming Fair Practices of Equipment Manufacturers, Distributors, Wholesalers and Dealers ActKeep this reading in your learning library.
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