Nev. Admin. Code § 490.160

Current through December 12, 2024

Section 490.160 - Long-term lessors also holding licenses as off-highway vehicle dealers: Authorized acts

A licensed long-term lessor who also holds a license as an off-highway vehicle dealer may, for the period those licenses remain in effect, sell, exchange, buy, offer or display for sale, negotiate or attempt to negotiate the sale or exchange of, or induce or attempt to induce any person to buy or exchange an interest in, an off-highway vehicle that is registered with the Department, or is registered with the appropriate agency of authority of any other state, the District of Columbia, any territory or possession of the United States or foreign state, province or country, if the long-term lessor:

1. Maintains an established place of business in this State which:

(a) Is in a location that is zoned for such activities;

(b) Includes an office and lot facilities with sufficient space to meet the needs of his or her customers; and

(c) Includes a facility for repairing and performing maintenance work on off-highway vehicles;

2. Maintains all other state and local licenses and permits required for such activities; and

3. Forwards to the registered owner of an off-highway vehicle sold by him or her any notice received from the manufacturer of the off-highway vehicle regarding a defect in the off-highway vehicle.

Nev. Admin. Code § 490.160

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

NRS 481.051, 490.066