NAC426.345. Conduct of physical inventory under certain circumstances; negotiation of value of equipment, accessories and merchandise.

     1. Each operator or trainee, or a person designated by the operator or trainee, and an authorized representative of the Bureau shall conduct a physical inventory of all equipment, accessories and merchandise of a vending facility if:

     (a) The operator or trainee is transferred or promoted to another location;

     (b) The operator or trainee resigns from the program for vending facilities administered by the Bureau;

     (c) The operator surrenders his or her license to the Bureau; or

     (d) The operating agreement expires and is not renewed, and a final settlement between the operator and the Bureau is necessary.

     2. If an operator or trainee refuses to participate in the inventories required by subsection 1, or refuses to designate a representative for such purpose, the Bureau will appoint an independent person to represent the operator or trainee. All equipment and accessories furnished by the Bureau must be counted and reconciled with the master inventory maintained by the Bureau.

     3. The former operator or trainee and the new operator or trainee or the Bureau shall negotiate, with the assistance of the staff of the Bureau, the value of the equipment, accessories and merchandise of a vending facility.

     [Bur. of Services to the Blind, § 51, eff. 10-14-82]—(NAC A by Bur. of Services to the Blind & Vis. Impaired, 8-28-97; R091-00, 9-25-2000; R228-05, 5-4-2006)