Statutes, codes, and regulations
Nevada Revised Statutes
Title 43 - PUBLIC SAFETY; VEHICLES; WATERCRAFTChapter 490 - OFF-HIGHWAY VEHICLES
LICENSING AND REGULATION OF NEW AND USED OFF-HIGHWAY VEHICLE DEALERS, LONG-TERM AND SHORT-TERM LESSORS AND MANUFACTURERS
Section 490.400 - Vehicle taken in trade by off-highway vehicle dealer: Satisfaction of outstanding security interest

Nev. Rev. Stat. § 490.400

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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 490.400 - Vehicle taken in trade by off-highway vehicle dealer: Satisfaction of outstanding security interest

If a licensed off-highway vehicle dealer takes an off-highway vehicle in trade on the purchase of another off-highway vehicle and there is an outstanding security interest, the licensed off-highway vehicle dealer shall satisfy the outstanding security interest within 30 days after the off-highway vehicle is taken in trade on the purchase of the other off-highway vehicle.

NRS 490.400

Added to NRS by 2009, 3094; A 2011, 292
(Added to NRS by 2009, 3094; 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)