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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>83699</law_id><section_number>59.1-352.10</section_number><catch_line>Failure to repurchase; civil remedy</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="27.1">Equipment Dealers Protection Act</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> If a <span class="dictionary">supplier</span> fails or refuses to repurchase any <span class="dictionary">inventory</span> covered under the provisions of this chapter within the time periods established in &#xA7; <a class="law" title="Repurchase terms" href="/59.1-352.5/">59.1-352.5</a>, the <span class="dictionary">supplier</span> shall be civilly liable for one hundred percent of the <span class="dictionary">current net price</span> of the <span class="dictionary">inventory</span>, any freight charges paid by the <span class="dictionary">dealer</span>, the <span class="dictionary">dealer</span>&#x2019;s reasonable attorney&#x2019;s fee and <span class="dictionary">court</span> costs, and interest on the <span class="dictionary">current net price</span> of the <span class="dictionary">inventory</span> computed at the legal rate of interest from the ninety-first day after <span class="dictionary">termination</span> of the <span class="dictionary">agreement</span>. <a id="paragraph-300012" class="section-permalink" href="https://vacode.org/59.1-352.10/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Notwithstanding any <span class="dictionary">agreement</span> to the contrary, and in addition to any other legal remedies available, any person who suffers monetary loss due to a violation of this chapter or because he refuses to accede to a proposal for an arrangement that, if consummated, is in violation of this chapter, may bring a <span class="dictionary">civil action</span> to enjoin further violations and to recover <span class="dictionary">damages</span> sustained by him together with the costs of the suit, including a reasonable attorney&#x2019;s fee. <a id="paragraph-300013" class="section-permalink" href="https://vacode.org/59.1-352.10/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> The provisions of &#xA7;&#xA7; <a class="law" title="Notice of termination of agreements" href="/59.1-352.3/">59.1-352.3</a> through <a class="law" title="Warranty obligations" href="/59.1-352.8/">59.1-352.8</a> shall not be waivable in any <span class="dictionary">contract</span> or <span class="dictionary">agreement</span>, and any such attempted <span class="dictionary">waiver</span> shall be null and void. <a id="paragraph-300014" class="section-permalink" href="https://vacode.org/59.1-352.10/#C"><i class="fa fa-link"/></a></p></section>
						<section id="D"><p><span class="prefix-number">D.</span> A <span class="dictionary">civil action</span> commenced under the provisions of this chapter shall be brought within four years after the violation complained of is or reasonably should have been discovered, whichever occurs first. <a id="paragraph-300015" class="section-permalink" href="https://vacode.org/59.1-352.10/#D"><i class="fa fa-link"/></a></p></section></text><history>2002, c. 898.</history><metadata></metadata></law>
