Nevada Revised Statutes 597.1127 – ‘Dealer agreement’ defined
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‘Dealer agreement’ means an oral or written agreement between a supplier and a dealer by which:
Terms Used In Nevada Revised Statutes 597.1127
- Dependent: A person dependent for support upon another.
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.