NRS597.1127. “Dealer agreement” defined.

Latest version.

“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)

                    
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