482.31773 - “Consignment” defined.

482.31773  “Consignment” defined.  “Consignment” means any transaction whereby the registered owner or lienholder of a vehicle subject to registration pursuant to this chapter agrees, entrusts or in any other manner authorizes a consignee to act as his or her agent to sell, exchange, negotiate or attempt to negotiate a sale or an exchange of the interest of the registered owner or lienholder in the vehicle, whether or not for compensation.

      (Added to NRS by 1999, 1901)