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This entry was published on 2014-09-22
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SECTION 696-A
Definitions
General Business (GBS) CHAPTER 20, ARTICLE 33-A
§ 696-a. Definitions. As used in this article unless the context
requires otherwise:

1. "Current net price" means the price listed in the supplier's
effective price list or catalogue, less any applicable trade and cash
discounts.

2. "Dealer" means any person selling or agreeing to sell primarily
equipment under an agreement with a supplier.

3. "Equipment" means vehicles and machinery and the accessories and
parts thereto which are designed to be used for farm and agricultural
purposes, lawn, garden, golf course, landscaping or grounds and
maintenance/utility activities, provided however that self-propelled
vehicles primarily for the transportation of persons or property on a
street or highway are specifically excluded.

4. "Dealer agreement" means any agreement between a supplier and a
dealer by which the dealer is authorized to engage in the business of
the retail sale, lease and/or service of equipment in accordance with
methods and procedures prescribed by the supplier.

5. "Net cost" means the price the dealer paid to the supplier for the
equipment, less all applicable discounts allowed, plus the freight costs
from the supplier's location to the dealer's location.

6. "Supplier" means the manufacturer, wholesaler or distributor of the
equipment to be sold by the dealer.