Nev. Rev. Stat. § 485.305

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 485.305 - Payment of judgment in installments; default
1. A judgment debtor upon notice to the judgment creditor may apply to the court in which the judgment was rendered for the privilege of paying the judgment in installments and the court, without prejudice to any other legal remedies which the judgment creditor may have, may so order and fix the amounts and times of payment of the installments.
2. The Department shall not suspend a license, registration or a nonresident's operating privilege, and shall restore any license, registrations or nonresident's operating privilege suspended following nonpayment of a judgment, if the judgment debtor gives proof of financial responsibility and obtains such an order permitting the payment of the judgment in installments, and while the payment of any such installment is not in default. The requirements of this section for reinstatement of a license, registration or privilege are in addition to the requirements of NRS 485.307.
3. If the judgment debtor fails to pay any installment as specified by such an order, upon notice of the default, the Department shall forthwith suspend the license, registrations or nonresident's operating privilege of the judgment debtor until the judgment is satisfied, as provided in this chapter.

NRS 485.305

Added to NRS by 1957, 724; A 1961, 145; 1985, 1177; 1999, 3585
Added to NRS by 1957, 724; A 1961, 145; 1985, 1177; 1999, 3585