NRS 597.116
Limitations on requirements for supplier to repurchase inventory.

The provisions of NRS 597.112 to 597.118, inclusive, do not require a supplier to repurchase from a dealer:

1.

Any repair part which is not in new and undamaged condition or, because of its condition, is not resalable as a new part;

2.

Any inventory which the dealer retains pursuant to subsection 3 of NRS 597.1153;

3.

Any inventory which is not in new, undamaged and complete condition;

4.

Any inventory which was ordered by the dealer on or after the date of the termination of the dealer agreement; or

5.

Any inventory which was purchased more than 36 months before the notice of the termination of the dealer agreement is provided.

Source: Section 597.116 — Limitations on requirements for supplier to repurchase inventory., https://www.­leg.­state.­nv.­us/NRS/NRS-597.­html#NRS597Sec116.

Last Updated

Feb. 5, 2021

§ 597.116’s source at nv​.us