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Section 407.865 Repurchase not to affect security interest in inventory and to be subject to bulk sales law.

MO Rev Stat § 407.865 (2019) (N/A)
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Effective 28 Aug 1987

407.865. Repurchase not to affect security interest in inventory and to be subject to bulk sales law. — The provisions of sections 407.850 to 407.885 shall not be construed to affect in any way any security interest which any financial institution, person, wholesaler, manufacturer or distributor may have in the inventory of the retailer, and any repurchase under the provisions of sections 407.850 to 407.885 shall be subject to the provisions of the bulk sales law.

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(L. 1982 H.B. 958 § 4, A.L. 1987 S.B. 35)

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Section 407.860 Inventory qualifying for repurchase — percentage to be paid — cost of transportation to warehouse to be paid by retailer — packing and loading, how paid — transferee of manufacturer or distributors, law to apply, when.
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Section 407.870 Inventory which does not qualify for repurchase.