Nevada Revised Statutes Title 52. Trade Regulations and Practices § 597.400. Circumstances under which fair compensation is required on failure of refiner to renew franchise

1. A refiner shall not fail to renew the franchise of any retailer without fairly compensating the retailer at a fair going business value for his or her capital investment if:

2. For the purposes of this section, “capital investment” includes, but is not limited to, tools, equipment and any inventory of parts possessed by the retailer on the day of notification of cancellation or nonrenewal and which are still in the retailer's possession on the day the cancellation or nonrenewal is effective.