Nevada § 597.116 Limitations on requirements for supplier to repurchase inventory

Nevada Statutes

§ 597.116 — Limitations on requirements for supplier to repurchase inventory

Nevada § 597.116

Title 52TRADE REGULATIONS AND PRACTICES

Ch. 597Miscellaneous

DEALERS OF FARM EQUIPMENT

This text of Nevada § 597.116 (Limitations on requirements for supplier to repurchase inventory) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 597.116 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.