NRS 269.182
Pawnbrokers: Licensing

  • additional license required if motor vehicles accepted as collateral
  • fee.

1.

If the town board or board of county commissioners requires a license to engage in business as a pawnbroker in an unincorporated town, it shall also require an additional license if the pawnbroker accepts motor vehicles as pledged property or in any other manner allows the use of a motor vehicle as collateral for a loan. A license authorizing a pawnbroker to accept motor vehicles as pledged property must not be issued to a person who does not have a license to engage in business as a pawnbroker.

2.

The board shall charge and collect an additional fee of not more than $500 for each license authorizing a pawnbroker to accept motor vehicles as pledged property, and shall issue the license upon payment of the prescribed fee.

Source: Section 269.182 — Pawnbrokers: Licensing; additional license required if motor vehicles accepted as collateral; fee., https://www.­leg.­state.­nv.­us/NRS/NRS-269.­html#NRS269Sec182.

Last Updated

Feb. 5, 2021

§ 269.182’s source at nv​.us