NRS 482.363105
Long-term lessors also holding licenses as vehicle dealers: Authorized acts.

A licensed long-term lessor who also holds a license as a vehicle dealer on January 1, 1995, may, for the period those licenses remain in effect, sell, exchange, buy, offer or display for sale, negotiate or attempt to negotiate the sale or exchange of, or induce or attempt to induce any person to buy or exchange an interest in, a vehicle that has been registered with the Department, or has been registered with the appropriate agency of authority of any other state, the District of Columbia, any territory or possession of the United States or foreign state, province or country, if the long-term lessor:

1.

Maintains an established place of business in this State which:

(a)

Is in a location that is zoned for such activities;

(b)

Includes an office and lot facilities with sufficient space to meet the needs of his or her customers; and

(c)

Includes a facility for repairing and performing maintenance work on vehicles;

2.

Maintains all other state and local licenses, registrations and permits required for such activities; and

3.

Forwards to the registered owner of a vehicle sold by the long-term lessor any notice received from the manufacturer of the vehicle regarding a defect in the vehicle.
Franchises for Sales of Motor Vehicles

Source: Section 482.363105 — Long-term lessors also holding licenses as vehicle dealers: Authorized acts., https://www.­leg.­state.­nv.­us/NRS/NRS-482.­html#NRS482Sec363105.

482.318
Legislative declaration. 482.319
Statement regarding payment of child support by applicant for license 482.320
Manufacturers, distributors, dealers and rebuilders: Special plates required for movement of new and used vehicles 482.322
Vehicle dealers, manufacturers, distributors and rebuilders: Licenses required 482.323
Established place of business required for dealers, short-term lessors and brokers 482.325
Manufacturers, distributors, dealers and rebuilders: Application for license 482.326
Dealers: Location and name of business 482.327
Dealers: License for each branch 482.328
Vehicle taken in trade: Satisfaction of outstanding security interest. 482.330
Manufacturers, distributors, dealers and rebuilders: Certificates of registration and special plates for vehicles provided by Department upon licensing 482.332
Dealers, manufacturers, lessors, rebuilders and brokers: Duty to affix legible sign containing name of business 482.333
Brokers: Licensing 482.334
Brokers: Written brokerage agreement with prospective buyer required 482.335
Manufacturers, distributors, dealers and rebuilders: Display of license plate or plates. 482.345
Manufacturers, distributors, dealers and rebuilders: Application 482.346
Deposit in lieu of bond: Specifications 482.347
Dealers: Principal and branch places of business to be covered by vehicle dealer’s bond 482.350
Dealers: New vehicle dealer’s license not to be issued unless dealer first furnishes to Department instrument indicating dealer is franchised dealer of manufacturer 482.351
“Bait and switch,” misleading or inaccurate advertising by dealer or rebuilder prohibited 482.352
Manufacturers, distributors, dealers and rebuilders: Grounds for denial, suspension or revocation of license 482.353
Ability of applicant or licensee to petition for hearing after notice of denial, suspension or revocation 482.354
Trial de novo. 482.362
Salespersons: Licensing 482.363
Lessors and certain employees: Licensing 482.3195
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants 482.3225
Conditions under which charitable organization not required to obtain certain licensure. 482.3253
Factors Director must consider before renewing license of manufacturer, distributor, rebuilder or dealer 482.3255
Denial or revocation of license: Evidence of unfitness of applicant or licensee. 482.3256
Licensees to post licenses in conspicuous place visible to public. 482.3257
Dealers: Activities constituting prima facie evidence that person is acting as dealer. 482.3263
Books and records of dealers and brokers: Location 482.3275
Dealers: Signatures not required to be acknowledged on documents required to be filed with Department or other state agencies 482.3277
Dealers: Certain purchasers and prospective purchasers to be allowed to view certain documents in Spanish language. 482.3331
Director to consider certain matters before renewing license of broker 482.3333
Brokers: Duty to procure and file bond with Department 482.3335
Brokers: Prohibition against advertising as vehicle dealer without appropriate license 482.3337
Brokers: Insured trust account required. 482.3345
Dealers: Prohibited and authorized acts if prospective buyer enters into exclusive written brokerage agreement with broker. 482.3515
Vehicle dealer required to disclose information concerning emission of carbon dioxide of certain new vehicles 482.363105
Long-term lessors also holding licenses as vehicle dealers: Authorized acts.
Last Updated

Feb. 5, 2021

§ 482.363105’s source at nv​.us