NRS 597.117
Security interest of supplier in inventory

  • inspection of inventory before shipment.

The provisions of NRS 597.112 to 597.118, inclusive, do not affect any security interest which a supplier has in the inventory of a dealer. The dealer and supplier shall each provide a representative to inspect the inventory and certify its acceptability when packaged for shipment. The failure of the supplier to provide a representative for the inspection within 60 days shall be deemed acceptance by the supplier of the inventory returned to the supplier.

Source: Section 597.117 — Security interest of supplier in inventory; inspection of inventory before shipment., https://www.­leg.­state.­nv.­us/NRS/NRS-597.­html#NRS597Sec117.

Last Updated

Feb. 5, 2021

§ 597.117’s source at nv​.us