Franchise means a written agreement between a manufacturer or distributor and a dealer by which: 1. A commercial relationship of definite duration or continuing indefinite duration is established. 2. The dealer is granted the right to offer and sell at retail new vehicles, other than mopeds, farm tractors or special mobile equipment. 3. The dealer constitutes a component of a distribution system for new vehicles. 4. The operation of the dealers business is substantially associated with the trademark, trade name, advertising or other commercial symbol designating a manufacturer or distributor. 5. The operation of a portion of the dealers business is substantially reliant on the manufacturer or distributor for a continued supply of new vehicles, parts and accessories.
‹ Prev All Nevada sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.