Nev. Rev. Stat. § 482.36413

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 482.36413 - Termination of franchise upon divorce prohibited; award of franchise to either party in divorce action

On or after January 1, 1986, no manufacturer or distributor may include in any franchise agreement whose duration exceeds 1 year any provision which calls for the termination of the franchise by the manufacturer or distributor upon the divorce of the dealer. The franchise may be awarded by the court to either party in a divorce action as part of the property settlement, and the party to whom it is awarded may continue to operate the business under the terms of the franchise agreement.

NRS 482.36413

Added to NRS by 1985, 1831
Added to NRS by 1985, 1831