On May 25, 2021, Governor Steve Sisolak signed Assembly Bill 47,
revising the law regarding noncompetition covenants in Nevada.
As originally drafted, Assembly Bill 47 would have repealed
Nevada's noncompetition statute, NRS 613.195, and amended the
Nevada Unfair Trade Practices Act to make it unlawful to enter into
a noncompetition agreement that restrains a natural person from
engaging in a lawful profession, trade or business of any kind
except for agreements involving: (1) the sale of a business; (2)
the dissolution of or disassociation from a partnership; or (3) the
dissolution of or termination of an interest in a limited-liability
company. After further revisions, however, the final bill as
enacted retains NRS 613.195 and instead modifies several of its
provisions.
