1.  A person may not waive or modify a right, obligation or liability set forth in the provisions of NRS 597.112 to 597.118, inclusive.

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Terms Used In Nevada Revised Statutes 597.118

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

2.  A condition, stipulation or provision of a dealer agreement or any other agreement that:

(a) Limits the procedural or substantive rights of a dealer pursuant to the provisions of NRS 597.112 to 597.118, inclusive;

(b) Requires a person to waive a right set forth in the provisions of NRS 597.112 to 597.118, inclusive; or

(c) Relieves a person of an obligation or liability imposed by the provisions of NRS 597.112 to 597.118, inclusive, is void.