Statutes, codes, and regulations
Nevada Revised Statutes
Title 43 - PUBLIC SAFETY; VEHICLES; WATERCRAFTChapter 487 - REPAIR, REMOVAL AND DISPOSAL OF VEHICLES
REPAIRS; REBUILT VEHICLES; SALVAGE VEHICLES; TOTAL LOSS VEHICLES; NONREPAIRABLE VEHICLES
Section 487.825 - Revolving Account for the Issuance of Salvage Titles: Creation; use of money; transfer of excess balance to State Highway Fund

Nev. Rev. Stat. § 487.825

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 487.825 - Revolving Account for the Issuance of Salvage Titles: Creation; use of money; transfer of excess balance to State Highway Fund
1. The Revolving Account for the Issuance of Salvage Titles is hereby created as a special account in the State Highway Fund.
2. The Department shall use the money in the Account only to pay the expenses relating to the issuance of salvage titles.
3. At the end of each fiscal year, the State Controller shall transfer from the Account to the State Highway Fund an amount of money equal to the balance in the Account which exceeds $50,000.

NRS 487.825

Added to NRS by 2007, 1231; A 2009, 1030
Added to NRS by 2007, 1231; A 2009, 1030