The Nevada legislature recently enacted a law addressing nonparticipating manufacturers’ escrow requirements.  Among other things, the new law renders distributors potentially liable for a nonparticipating manufacturer’s failure to make escrow payments.  It also requires nonparticipating manufacturers to post a bond if they are new to the state, or if they have had compliance issues in other states.

For questions and/or comments, please contact Bryan Haynes, at 804.697.1420 or by email.