Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE43 PUBLIC SAFETY; VEHICLES; WATERCRAFT |
CHAPTER482. Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases |
MANUFACTURERS, REBUILDERS, DISTRIBUTORS, DEALERS, BROKERS, SALESPERSONS AND LESSORS |
Restrictions on Monopolistic Financing |
NRS482.3647. Threat by manufacturer or distributor to discontinue sales to retail seller prima facie evidence of violation.
Latest version.
- Any threat, expressed or implied, made directly or indirectly to any person engaged in the business of selling motor vehicles at retail in this State by any person engaged, either directly or indirectly, in the manufacture or distribution of motor vehicles, that such person will discontinue or cease to sell, or refuse to enter into a contract to sell, or will terminate a contract to sell motor vehicles, whether patented or unpatented, to such person who is so engaged in the business of selling motor vehicles at retail, unless such person finances the purchase or sale of any one or number of motor vehicles only with or through a designated person or class of persons or sells and assigns the security agreements or leases arising from the retail sales of motor vehicles or any one or number thereof only to a designated person or class of persons is prima facie evidence of the fact that such person so engaged in the manufacture or distribution of motor vehicles has sold or intends to sell motor vehicles on the condition or with the agreement or understanding prohibited in NRS 482.3645.
(Added to NRS by 1969, 583)