Nevada Code § 482.3653

Acceptance of gratuity by person financing sales unlawful
Open in Lexace · Ask the AI about this section
It is unlawful for any person who is engaged
in the business of financing the purchase or sale of motor vehicles or of
buying security agreements or leases on motor vehicles sold at retail within
this State to accept or receive, or contract or agree to accept or receive,
either directly or indirectly, any payment, thing or service of value from any
person who is engaged, either directly or indirectly, in the manufacture or
wholesale distribution only of motor vehicles, whether patented or unpatented,
if the effect of the acceptance or receipt of any such payment, thing or
service of value may be to lessen or eliminate competition, or to create or
tend to create a monopoly in the person who accepts or receives, or contracts
or agrees to accept or receive, such payment, thing or service of value.

‹ 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.