2013 Nevada Revised Statutes
Chapter 597 - Miscellaneous Trade Regulations and Prohibited Acts
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, is not resalable as a new part;
2. Any inventory which the dealer retains pursuant to subsection 3 of NRS 597.1153;
3. Any inventory which is not in new, undamaged and complete condition;
4. Any inventory which was ordered by the dealer on or after the date of the termination of the dealer agreement; or
5. Any inventory which was purchased more than 36 months before the notice of the termination of the dealer agreement is provided.
(Added to NRS by 2003, 3403)
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