Nev. Rev. Stat. § 597.1127

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 597.1127 - "Dealer agreement" defined

"Dealer agreement" means an oral or written agreement between a supplier and a dealer by which:

1. A commercial relationship of definite duration or continuing indefinite duration is established;

2. The dealer is granted the right to offer and sell inventory at retail;

3. The dealer constitutes a component of a system for the distribution of inventory; and

4. The operation of a portion of the dealer's business is substantially dependent upon the supplier for a continued supply of inventory.

NRS 597.1127

Added to NRS by 2003, 3399