Nev. Admin. Code § 490.260

Current through October 11, 2024
Section 490.260 - Trade styles and signs
1. The words "finance," "loan," "discount" or similar expressions must not be used in the firm name, signs or trade style of a company offering off-highway vehicles for sale unless the company is actually engaged in the finance business and offering only bona fide, repossessed off-highway vehicles.
2. The words "repo," "repossessed" or "repossession" must not be used in the company's name or trade style, signs or display signs. The words "repo," "repossessed" or "repossession" may be used through other means of advertising, including, without limitation, radio, television, newspapers or magazines, but only when:
(a) The company identifies the off-highway vehicle by identification number or the off-highway vehicle is identifiable as a repossessed off-highway vehicle; and
(b) The off-highway vehicle will be sold for the unpaid balance and actual repossession costs incurred.

Nev. Admin. Code § 490.260

Added to NAC by Dep't of Motor Veh. by R130-11, 6-29-2012, eff. 7-1-2012

NRS 481.051, 490.066, 490.410