Nev. Admin. Code § 490.265

Current through October 11, 2024

Section 490.265 - Repossessions; unpaid balance

The term "repossessed" may be used only to describe an off-highway vehicle presently and directly taken back from the purchaser. An advertiser offering repossessed off-highway vehicles for sale shall provide written proof of repossessions. The amount quoted as the unpaid balance and actual repossession costs incurred must be the full selling price.

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