Nevada Administrative Code
Chapter 482 - Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases
PROGRAM FOR REGISTRATION OF NEW VEHICLES BY NEW VEHICLE DEALERS
Section 482.684 - Duties of and restrictions on participants
Universal Citation: NV Admin Code 482.684
Current through September 16, 2024
A new vehicle dealer who participates in the program:
1. Shall:
(a) Maintain the records relating to the
program for a period of not less than 3 years.
(b) Authorize the Department or any person
designated by the Department to conduct audits of the records relating to the
program:
(1) Within 3 months after the new
vehicle dealer begins issuing certificates of registration;
(2) At least once every 12 months after
completion of the initial audit; and
(3) At any other time requested by the
Department.
(c)
Establish and maintain a separate account in a financial institution in this
State for depositing the money collected for the issuance of certificates of
registration. The money in the account must not be used to pay any expenses of
the new vehicle dealer participating in the program.
(d) Pay to the Department, at an office
designated by the Department or in an account designated by the Department, the
amount of money collected for the issuance of certificates of registration:
(1) Not less than once each week;
or
(2) If $10,000 or more is
collected by the new vehicle dealer during 1 day, not later than the end of the
next business day.
(e)
Maintain and restrict access to a secure area on the premises of the new
vehicle dealer for the storage of documents, forms and other supplies provided
by the Department for the program.
2. Shall not:
(a) Issue a certificate of registration for a
motor vehicle:
(1) For which an exemption from
the governmental services tax set forth in
NRS
371.103 or
371.104
is claimed; or
(2) That includes a
change of name.
(b)
Employ a person to issue a certificate of registration for a motor vehicle who
has not completed a course of training provided by the Department and received
a certificate of completion for the course from the Department.
(c) Use or authorize an employee to use:
(1) False, deceptive or misleading
advertising to induce a person to register with the new vehicle dealer a motor
vehicle purchased from the new vehicle dealer; or
(2) The name of the Department or the State
Seal in any advertisement for the sale or registration of a vehicle, unless
authorized by the Department.
Added to NAC by Dep't of Motor Veh. by R011-08, eff. 6-17-2008
NRS 482.160, 482.216
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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