NRS 463.166 - Contracts or agreements with certain unsuitable or unlicensed persons prohibited; termination of contract or agreement.

NV Rev Stat § 463.166 (2019) (N/A)
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1. A person who has:

(a) Been denied a license by the Commission;

(b) Been found unsuitable by the Commission; or

(c) Had a license or finding of suitability revoked by the Commission,

shall not enter or attempt to enter into any contract or agreement with a licensee, either directly or indirectly, through any business organization under such a person’s control, that involves the operations of a licensee without the prior approval of the Commission. This provision does not prohibit any person from purchasing any goods or services for personal use from a licensee at retail prices that are available to the general public.

2. Every contract or agreement with a person that is subject to the provisions of subsection 1 shall be deemed to include a provision for its termination without liability on the part of the licensee. Failure to expressly include that condition in the contract or agreement is not a defense in any action brought pursuant to this section to terminate the agreement.

3. Any person, contract or agreement subject to the provisions of subsection 1 is subject to being enjoined pursuant to and in accordance with the provisions of NRS 463.346.

(Added to NRS by 1999, 3172)