NRS 490.064 - Definitions for limited purposes.

NV Rev Stat § 490.064 (2019) (N/A)
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For the purposes of regulation under this chapter and of imposing tort liability under NRS 41.440, and for no other purpose:

1. “Lease” means a contract by which the lienholder or owner of an off-highway vehicle transfers to another person, for compensation, the right to use such off-highway vehicle.

2. “Long-term lessee” means a person who has leased an off-highway vehicle from another person for a fixed period of more than 31 days.

3. “Long-term lessor” means a person who has leased an off-highway vehicle to another person for a fixed period of more than 31 days.

4. “Short-term lessee” means a person who has leased an off-highway vehicle from another person for a period of 31 days or less, or by the day, or by the trip.

5. “Short-term lessor” means a person who has leased an off-highway vehicle to another person for a period of 31 days or less, or by the day, or by the trip.

(Added to NRS by 2009, 3078; A 2011, 292)