Security interest of supplier in inventory; inspection of inventory before shipment.

Checkout our iOS App for a better way to browser and research.

The provisions of NRS 597.112 to 597.118, inclusive, do not affect any security interest which a supplier has in the inventory of a dealer. The dealer and supplier shall each provide a representative to inspect the inventory and certify its acceptability when packaged for shipment. The failure of the supplier to provide a representative for the inspection within 60 days shall be deemed acceptance by the supplier of the inventory returned to the supplier.

(Added to NRS by 2003, 3404)


Download our app to see the most-to-date content.