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This is not every service or equipment business
NRS 597.112–.118 concerns defined farm-equipment arrangements, including retail inventory rights, a distribution-system role and substantial supplier dependence. Inventory means the defined equipment, attachments or repair parts. A service brand or software licence does not qualify just because the contract says dealer.
Match the action to its conditions
Section 597.1143 generally requires good cause, 180 days’ written reasons before termination/nonrenewal and 60 days to correct specified deficiencies. Listed grounds have different treatment; market-share failure has an assistance condition. Waiting alone does not prove cause.
Subsection (1) also requires good cause for a substantial agreement change, but the 180/60 provisions in (2)–(3) concern termination/nonrenewal, not every amendment.
Section 597.115(4) separately addresses action because of natural disaster, labour dispute or similar circumstances beyond the dealer’s control. Section 597.118 prohibits waiver/modification of the statutory rights, obligations and liabilities.
Buyback needs item eligibility, not a stock total
Repurchase rules and exclusions depend on condition, age and other facts, including specified supplier-required systems/tools. Purchase and supplier-requirement records matter; gross stock or technology spending does not establish what must be repurchased.
Scope
- Limited to defined farm-equipment dealers. Actual cause, exceptions and repurchase eligibility are not determined.
Next step
Identify coverage and whether the actual proposal is exit or substantial amendment before selecting notice or buyback assumptions.
Sources & review notes
Nevada Legislature
Passage, dates and research notes
primary · 597.1123–597.1143; 597.1153–597.118
without good cause
Official chapter rev 2026-04-15 read through websource tool, relevant complete dealer provisions stored as response. Shell fetch returned 403; web read succeeded. Scope is farm equipment/attachments/repair parts, not every technical-services franchise.
Detailed rule records (2)
NRS 597.112–597.118 defines covered farm-equipment dealer arrangements and regulates good cause, termination/nonrenewal notice, inventory repurchase and waiver. The usual 180 day notice/60 day deficiency correction provisions have specified exceptions; they are not general service-franchise notice rules.
Nevada NRS 597.112–597.118: dealers of farm equipmentSection 597.1143(1) requires good cause for termination, nonrenewal or a substantial change of dealer-agreement terms. Section 597.115(4) separately prohibits those actions because of specified uncontrollable circumstances. Section 597.118 prohibits waiver or modification of the statutory rights, obligations and liabilities.
Nevada NRS 597.112–597.118: dealers of farm equipmentKeep this reading in your learning library.
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