"Franchise" and "franchise agreement" defined.

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"Franchise" or "franchise agreement" means a written or oral agreement between a refiner and a retailer under which the retailer is granted the right:

1. To use a trademark, trade name, service mark or other identifying symbol or name owned by the refiner; or

2. To occupy premises owned, leased or controlled by the refiner, for the purpose of engaging in the retail sale of motor vehicle fuel.

(Added to NRS by 1987, 2196)


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