NRS 490.220 - Off-highway vehicle dealer in new off-highway vehicles not to be issued license unless such dealer first furnishes to Department instrument indicating dealer is authorized franchised off-highway vehicle dealer; additional functions in which used off-highway vehicle dealer may engage.

NV Rev Stat § 490.220 (2019) (N/A)

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1. A new off-highway vehicle dealer’s license must not be furnished to any off-highway vehicle dealer in new off-highway vehicles unless the off-highway vehicle dealer first furnishes the Department an instrument executed by or on behalf of the manufacturer certifying that he or she is an authorized franchised off-highway vehicle dealer for the make or makes of off-highway vehicles concerned. New off-highway vehicle dealers are authorized to sell at retail only those new off-highway vehicles for which they are certified as franchised off-highway vehicle dealers by the manufacturer.

2. In addition to selling used off-highway vehicles, a used off-highway vehicle dealer may:

(a) Sell at wholesale a new off-highway vehicle taken in trade or acquired as a result of a sales contract to a new off-highway vehicle dealer who is licensed and authorized to sell that make of vehicle;

(b) Sell at wholesale a new off-highway vehicle through a wholesale vehicle auction if the wholesale vehicle auctioneer:

(1) Does not take an ownership interest in the off-highway vehicle; and

(2) Auctions the off-highway vehicle to an off-highway vehicle dealer who is licensed and authorized to sell that make of off-highway vehicle; or

(c) Sell a new off-highway vehicle on consignment from a person not licensed as an off-highway vehicle dealer or long-term or short-term lessor.

(Added to NRS by 2009, 3097; A 2011, 292)

Previous Section

NRS 490.210 - Application for license; fees; issuance of license; renewal of license. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

Next Section

NRS 490.230 - Activities constituting prima facie evidence that person is acting as off-highway vehicle dealer.