NRS 597.1127 - “Dealer agreement” defined.

NV Rev Stat § 597.1127 (2019) (N/A)
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“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.

(Added to NRS by 2003, 3399)