Title 52

NRS 597.050 Lease agreement: Disclosures required upon renegotiation but not upon extension; when deemed to be renegotiated. 1. The disclosures required by NRS 597.030: (a) Must be made if a lease agreement with an option to purchase is renegotiated. (b) Are not required to be ma…

NRS 597.060 Lease agreement: Prohibited provisions. A lease agreement with an option to purchase may not contain: 1. A confession of judgment. 2. A negotiable instrument. 3. A security interest or any other claim to an interest in property other than the property delivered by the…

NRS 597.070 Lease agreement: Reinstatement after customer fails to make timely payment. 1. A customer who fails to make a timely payment may reinstate the lease agreement with an option to purchase without losing any rights or options contained in the agreement if the customer pa…

NRS 597.080 Receipt required for certain payments by customer. A lessor shall give to a customer a written receipt for each payment made in cash or with a money order. (Added to NRS by 1991, 519)

NRS 597.090 Advertisement for lease agreement that refers to payment or right to acquire ownership: Requirements; exception; liability. 1. An advertisement for a lease agreement with an option to purchase that refers to or states the amount of any required payment and the right t…

NRS 597.100 Criminal penalty. A person who willfully and intentionally violates any provision of NRS 597.010 to 597.090, inclusive, is guilty of a misdemeanor. (Added to NRS by 1991, 519)

NRS 597.110 Civil penalty. Unless the lease agreement with an option to purchase provides otherwise: 1. In addition to any penalty imposed pursuant to NRS 597.100, the lessor or his or her assignee is liable, except as otherwise provided in subsection 3, in civil suit to the cust…

NRS 597.112 Definitions. As used in NRS 597.112 to 597.118, inclusive, unless the context otherwise requires, the words and terms defined in NRS 597.1123 to 597.114, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2003, 3399)

NRS 597.1123 “Dealer” defined. “Dealer” means any person who engages in the business of selling inventory. (Added to NRS by 2003, 3399)

NRS 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…

NRS 597.113 “Inventory” defined. “Inventory” means farm equipment or any attachments or repair parts for that farm equipment. (Added to NRS by 2003, 3399)

NRS 597.1133 “Net price” defined. “Net price” means the price set forth in the price list or catalog of a supplier which is in effect when a dealer agreement is terminated, less any applicable trade or cash discounts. (Added to NRS by 2003, 3400)

NRS 597.1137 “Superseded part” and “superseded repair part” defined. “Superseded part” or “superseded repair part” means a part which has an equivalent function of a part which is available on the date of the termination of a dealer agreement. (Added to NRS by 2003, 3400)

NRS 597.114 “Supplier” defined. “Supplier” means: 1. A manufacturer, wholesaler or wholesale distributor of new inventory; 2. A purchaser of the assets or shares of a surviving corporation resulting from a merger or liquidation of a supplier; or 3. A receiver, assignee or trustee…

NRS 597.1143 Dealer agreement: Termination, failure to renew or substantial change of terms for good cause. 1. A supplier shall not terminate, fail to renew or substantially change the terms of a dealer agreement without good cause. 2. Except as otherwise provided in this section…

NRS 597.1147 Return of surplus parts to supplier; credit for returned parts. 1. Each year a supplier shall allow each dealer with whom it has entered into a dealer agreement to return to the supplier for credit a portion of the surplus parts in the dealer’s inventory. 2. A suppli…

NRS 597.115 Limitations on requirements imposed by supplier upon dealer; prohibition against certain changes to dealer agreement. A supplier shall not: 1. Require a dealer to accept delivery of equipment, parts or accessories which the dealer has not ordered unless the equipment,…

NRS 597.1153 Repurchase of inventory and equipment by supplier upon termination of dealer agreement. 1. Except as otherwise provided in this section, upon the termination of a dealer agreement by a supplier or dealer, the supplier shall repurchase the inventory held by the dealer…

NRS 597.1157 Requirements regarding dealer’s reserve account for recourse after termination of dealer agreement. 1. At the end of each year after the termination of a dealer agreement, a dealer’s reserve account for recourse, retail sale or lease contracts may not be debited by a…

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, i…

NRS 597.1163 Failure of supplier to repurchase inventory. If a supplier fails or refuses to repurchase and pay a dealer for any inventory the supplier is required to repurchase in accordance with the provisions of NRS 597.112 to 597.118, inclusive, within 60 days after shipment o…

NRS 597.1167 Death of dealer or majority shareholder of dealer. 1. Upon the death of a dealer or the majority shareholder of a corporation which operates as a dealer, the supplier shall, upon the approval or request of the devisee or heir of the dealer or majority shareholder, re…

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 …

NRS 597.1173 Enforcement by dealer. 1. A dealer may bring a civil action for damages in a court of competent jurisdiction against a supplier who violates any of the provisions of NRS 597.112 to 597.118, inclusive, and may recover damages incurred as a result of any violation comm…

NRS 597.1177 Warranty work performed by dealer; payment of warranty claim by supplier; audit of claim. 1. Except as otherwise provided in this section, any agreement entered into by a supplier and a dealer concerning reimbursement for work performed under a warranty, including, w…

NRS 597.118 Right, obligation or liability may not be waived. 1. A person may not waive or modify a right, obligation or liability set forth in the provisions of NRS 597.112 to 597.118, inclusive. 2. A condition, stipulation or provision of a dealer agreement or any other agreeme…

NRS 597.120 Definitions. As used in NRS 597.120 to 597.180, inclusive, unless the context otherwise requires, the words and terms defined in NRS 597.125 to 597.150, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1973, 1353; A 1995, 1569; 2009, 1…

NRS 597.125 “Alcoholic beverage” defined. “Alcoholic beverage” has the meaning ascribed to it in NRS 597.200. (Added to NRS by 1995, 1567)

NRS 597.130 “Franchise” defined. “Franchise” means a contract or agreement either expressed or implied, whether written or oral, between a supplier and wholesaler, wherein: 1. A commercial relationship of definite duration or continuing indefinite duration is involved; and 2. The…

NRS 597.133 “Good cause” defined. “Good cause” means: 1. Failure by a wholesaler to comply substantially with essential and reasonable requirements imposed on him or her by a supplier, or sought to be imposed by a supplier, if the requirements are not discriminatory as compared w…

NRS 597.136 “Marketing area” defined. “Marketing area” means the area where a wholesaler sells a product of a supplier pursuant to the terms, provisions and conditions of a franchise. (Added to NRS by 1995, 1567)

NRS 597.140 “Supplier” defined. “Supplier” means any person, partnership, corporation or other form of business enterprise engaged in business as a manufacturer, distiller, craft distillery, rectifier, brewer, brew pub, importer, vintner, broker or agent therefor, which distribut…

NRS 597.150 “Wholesaler” defined. “Wholesaler” means any person, partnership, corporation or other form of business enterprise licensed by the Nevada Tax Commission to sell malt beverages, distilled spirits and wines, or all of them, as it is originally packaged to retail liquor …

NRS 597.155 Termination of franchise by supplier: Notice; effective date. 1. Except as otherwise provided in subsection 2, a supplier must, at least 90 days before he or she terminates or refuses to continue any franchise with a wholesaler or causes a wholesaler to resign from an…

NRS 597.157 Transfer of stock or assets or change in ownership or control of wholesaler: Supplier to approve within 60 days if person to be substituted meets certain requirements; supplier shall not unreasonably withhold or delay approval of certain transactions; liability of sup…

NRS 597.160 Prohibited acts by supplier; exceptions; correction by wholesaler of alleged failure to comply with franchise. 1. Except as otherwise provided in subsection 4, if more than one franchise for the same brand or brands of malt beverages, distilled spirits and wines, or a…

NRS 597.162 Additional prohibited acts by supplier. A supplier shall not: 1. Prohibit a wholesaler from selling an alcoholic beverage of any other supplier; 2. Prevent a wholesaler from using best efforts to sell, market, advertise or promote an alcoholic beverage of any other su…

NRS 597.165 Requiring wholesaler to increase payment for product prohibited after delivery by supplier. A supplier shall not require a wholesaler to increase his or her payment to the supplier for any product of that supplier after the product is delivered to the wholesaler. (Add…

NRS 597.170 Remedies of wholesaler. 1. Any wholesaler may bring an action in a court of competent jurisdiction against a supplier for violation of NRS 597.120 to 597.180, inclusive, and may recover the damages sustained by the wholesaler, together with such costs of the action an…

NRS 597.175 Term of contract or agreement that alters or waives provisions void and unenforceable. Any term of a contract or other agreement that attempts to alter or waive any provision of NRS 597.120 to 597.180, inclusive, is void and unenforceable. (Added to NRS by 2021, 1685)

NRS 597.180 Action by wholesaler: Defense by supplier. In any action brought by a wholesaler against a supplier for termination or noncontinuance of, or causing to resign from a franchise in violation of NRS 597.120 to 597.180, inclusive, the supplier has the burden of establishi…

NRS 597.190 Statement of legislative policy. It is the policy of the Legislature to insure the orderly distribution and marketing of alcoholic beverages in this state in order to protect locally owned and operated business enterprises and those residents whose livelihoods and inv…

NRS 597.200 Definitions. As used in NRS 597.190 to 597.255, inclusive, unless the context otherwise requires: 1. “Alcoholic beverage” means any malt beverage or spirituous, vinous or malt liquor which contains 1 percent or more ethyl alcohol by volume. 2. “Brew pub” means an esta…

NRS 597.210 Limitations on engaging in business of importing, wholesaling or retailing alcoholic beverages. 1. Except as otherwise provided in subsection 2, a person engaged in business as a supplier or engaged in the business of manufacturing, blending or bottling alcoholic beve…

NRS 597.220 Importer or wholesaler prohibited from engaging in business of retailing alcoholic beverages or operating or locating business on premises or property of supplier; exceptions. 1. Except as otherwise provided in NRS 597.235 and 597.237, a person who is engaged in the b…

NRS 597.225 Requirements to serve samples of alcoholic beverages on premises of grocery store; penalty. 1. A person who operates a grocery store may serve samples of alcoholic beverages on the premises of the grocery store if the person: (a) Is licensed to sell, at retail, alcoho…