Nevada Administrative Code
Chapter 490 - Off-Highway Vehicles
SECURITY INTERESTS
Section 490.315 - Lease of used off-highway vehicle by long-term lessor: Contents of report of sale; duties of long-term lessor
Current through February 27, 2024
1. An off-highway vehicle dealer's report of sale completed and executed pursuant to NRS NRS 490.440 for the lease of a used off-highway vehicle by a long-term lessor must include:
2. Unless an extension of time is granted by the Department pursuant to NAC 490.095, the long-term lessor shall:
3. To establish compliance with the period required by paragraph (b) of subsection 2, the Department will use the date imprinted or otherwise indicated on the report of sale as the beginning date of the 30-day period.
4. Upon execution of all documents required to complete the lease of the off-highway vehicle, including, without limitation, any financial documents, the long-term lessor shall execute the report of sale and furnish a copy of the report of sale to the long-term lessee not less than 10 days after the date imprinted or otherwise indicated on the report of sale.
Added to NAC by Dep't of Motor Veh. by R130-11, 6-29-2012, eff. 7-1-2012
NRS 481.051, 490.066, 490.440, 490.500