Nevada Revised Statutes 482.36356 – Additional criteria for determining existence of good cause for termination, discontinuation, modification or replacement of franchise or for establishing additional dealership or relocating existing dealership
Current as of: 2023 | Check for updates
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1. In addition to other criteria provided for determining whether good cause exists for terminating, refusing to continue, modifying or replacing a franchise, or for establishing an additional dealership or relocating an existing dealership, the Director shall consider the lasting nature of each affected dealer’s investment. The investment includes commitments of the owner to the dealership, the value of time and effort devoted to building the business, and any real property of the owner used by the dealership whether or not held in the name of the dealership.
Terms Used In Nevada Revised Statutes 482.36356
- Director: means the Director of the Department. See Nevada Revised Statutes 481.015
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
2. The sole fact that a manufacturer or distributor desires further penetration of the market does not constitute good cause to take any of the actions described in subsection 1.