Current through September 16, 2024
1. To
be eligible to participate in the program, a new vehicle dealer must:
(a) Have been continuously licensed by the
Department as a new vehicle dealer for not less than 1 year immediately
preceding the date of application;
(b) Not have had a license to engage in an
occupation or business that is regulated by the Department revoked;
(c) Have satisfactorily conducted business as
a new vehicle dealer in accordance with the provisions of chapter 482 of NRS
for not less than 1 year immediately preceding the date of
application;
(d) Not have knowingly
issued a check to the Department that was returned for insufficient money or
credit within 1 year immediately preceding the date of application;
and
(e) Not have committed:
(1) A violation of any provision of the
Nevada Revised Statutes or Nevada Administrative Code that resulted in the
imposition of an administrative fine by the Department or the suspension of a
license to engage in an occupation or business that is regulated by the
Department within 1 year immediately preceding the submission of the
application; or
(2) Two or more
violations of any provision of the Nevada Revised Statutes or Nevada
Administrative Code that resulted in the imposition of administrative fines by
the Department or the suspensions of such a license by the Department within
the 3 years immediately preceding the submission of the application.
2. The Department may
deny an application of a new vehicle dealer to participate in the program if
the new vehicle dealer is owned in whole or in part by, or employs, any person
who has been convicted of or pleaded nolo contendere to:
(a) A felony or gross misdemeanor;
or
(b) A misdemeanor in violation
of the provisions of this chapter or chapter 482 of NRS, within the 4 years
immediately preceding the date of application.
3. For the purposes of this section, the
issuance by the Department of a cease and desist order or an order to cease
from further action to a new vehicle dealer is not a ground to deny the
application of a new vehicle dealer to participate in the program.
Added to NAC by Dep't of Motor
Veh. by R011-08, eff. 6-17-2008
NRS
482.160,
482.216
