Nev. Rev. Stat. § 490.064

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 490.064 - Definitions for limited purposes

For the purposes of regulation under this chapter and of imposing tort liability under NRS 41.440, and for no other purpose:

1. "Lease" means a contract by which the lienholder or owner of an off-highway vehicle transfers to another person, for compensation, the right to use such off-highway vehicle.
2. "Long-term lessee" means a person who has leased an off-highway vehicle from another person for a fixed period of more than 31 days.
3. "Long-term lessor" means a person who has leased an off-highway vehicle to another person for a fixed period of more than 31 days.
4. "Short-term lessee" means a person who has leased an off-highway vehicle from another person for a period of 31 days or less, or by the day, or by the trip.
5. "Short-term lessor" means a person who has leased an off-highway vehicle to another person for a period of 31 days or less, or by the day, or by the trip.

NRS 490.064

Added to NRS by 2009, 3078; A 2011, 292
(Added to NRS by 2009, 3078; A 2011, 292, effective 7/1/2012, or 30 days after the Department of Motor Vehicles publishes on its website a statement that it has completed the preparatory tasks that are necessary to begin registration of off)-(highway vehicles, whichever is sooner)