Nevada Administrative Code
Chapter 489 - Mobile Homes and Similar Vehicles; Manufactured Homes
LICENSING AND OPERATION
Section 489.310 - Determination of experience, financial responsibility and general knowledge of applicant; required documentation; incomplete application
Current through December 12, 2024
1. The Division may require an applicant for a license as a dealer, distributor, manufacturer, general serviceperson or specialty serviceperson to show such a degree of experience, financial responsibility and such general knowledge of this chapter, chapter 489 of NRS, federal construction and safety standards relating to manufactured homes, the safety, health, finance and lien laws of this State and the rudimentary principles of the business for which the applicant wishes to obtain a license as the Division deems necessary for the safety and protection of the public.
2. An applicant may demonstrate his or her experience and knowledge by submitting to the Division:
3. An applicant must submit to the Division:
4. If the applicant is a corporation, its financial responsibility must be established independently of the assets of its officers, directors or stockholders, but the Division may inquire into and consider the personal assets of the officers, directors or stockholders in determining the financial responsibility of the corporation.
5. An applicant shall be deemed to be financially responsible if the Division determines that the applicant has, at the time the Division makes the determination, sufficient assets or income to operate his or her business.
6. The Division may determine financial responsibility according to the following criteria:
7. An applicant for a new manufactured home or commercial coach dealer's license must show proof that the applicant has not less than $50,000 in cash on deposit in an operating account of the business in a Nevada financial institution before the Division will issue a license.
8. An applicant for a used manufactured home or commercial coach dealer's license must show proof that the applicant has not less than $25,000 in cash on deposit in an operating account of the business in a Nevada financial institution before the Division will issue a license.
9. An applicant for an initial license must submit to the Division a copy of any similar license issued by another state.
10. A partnership, limited partnership, limited-liability partnership, limited-liability limited partnership or limited-liability company or a corporation, whether or not for profit, that applies for a dealer's, distributor's, manufacturer's, general serviceperson's or specialty serviceperson's license must file a certified or verified copy of its partnership agreement, articles of organization or articles of incorporation with the Division.
11. If an applicant submits an incomplete application:
Mfd. Housing Div., Mobile Homes Reg. § 300 subsec. 3 + § 305, eff. 12-20-79-NAC A 8-23-95; 11-12-97; R192-05, 9-18-2006; R126-08, 12-17-2008; A by R113-13, eff. 12/22/2014
NRS 489.231, 489.321