Nev. Rev. Stat. § 482.3225

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 482.3225 - Conditions under which charitable organization not required to obtain certain licensure

A charitable organization may sell a vehicle which has been donated to the organization without complying with the provisions of subsection 1 of NRS 482.322 if:

1. No member, director, officer, employee or agent of the charitable organization has a pecuniary interest in the sale of the vehicle; and

2. The charitable organization ensures that the insurance required pursuant to NRS 485.185 is provided for that vehicle until it is purchased.

NRS 482.3225

Added to NRS by 1995, 2354; A 1997, 624