1. Except as otherwise provided in subsection 2 or 3, a refiner shall not, directly or indirectly, or through an officer, agent or employee terminate, cancel or fail to renew a franchise or a contract with a wholesale purchaser without first giving to the retailer or wholesale purchaser written notice as follows:
(a) In case of cancellation or termination, specifying all matters of claimed noncompliance with the agreement and allowing the other party at least 30 days to comply with the terms of the agreement. If the other party does not comply, the cancellation or termination is effective on the date set forth in the notice.
(b) At least 30 days before the expiration of a term of an agreement, specifying:
(1) All the reasons for any intention of the refiner not to renew; or
(2) Any change in price, rent, terms or conditions to which renewal of the agreement is subject.
2. If the alleged ground is voluntary abandonment by the retailer of the franchise, or by the wholesale purchaser of his or her contract, the written notice may be given 3 days before the termination or cancellation.
3. If the alleged ground is the conviction of the retailer of a crime punishable as a felony and related to the business conducted pursuant to the franchise, termination, cancellation or failure to renew may be effective immediately.
(Added to NRS by 1975, 1281; A 1987, 2199)
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