North Dakota Administrative Code
Title 51 - Milk Marketing Board
Article 51-02 - Dairy Industry Regulations
Chapter 51-02-02 - Disruptive Trade Practices
Section 51-02-02-10 - Equipment

The leasing, renting, lending, servicing, or repairing of equipment by a dealer to a retailer is prohibited, except that the furnishing of portable merchandisers by a dealer will be permitted for demonstration of dairy products by a dealer. The sale of equipment by a dealer to a retailer shall not be at a price less than the seller's invoice cost plus ten percent or depreciated value in the case of used equipment. All such sales must be fully documented by cash receipts, security agreements, or ledger accounts, and all terms of such sales shall be in accord with normal business practices.

General Authority: NDCC 4-18.1-01, 4-18.1-11

Law Implemented: NDCC 4-18.1-11