NRS482.36399. Assumption of provisions of franchise agreement by successor required.

Latest version.

Unless the manufacturer or distributor otherwise agrees in writing, a successor in interest may not operate under the franchise agreement until all provisions of the agreement have been expressly assumed by the successor, including, but not limited to:

      1. Leases;

      2. Agreements relating to products;

      3. Agreements relating to loaned equipment;

      4. Agreements to comply with federal and state environmental law;

      5. Licenses; and

      6. Permits relating to taxes.

(Added to NRS by 1985, 1830)

                    
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