489.281 - Regulations concerning issuance and renewal of limited dealer’s license.
489.281 Regulations concerning issuance and renewal of limited dealer’s license.
1. The Division shall adopt regulations for the issuance and renewal of a limited dealer’s license authorizing a person other than a bank, savings and loan association, credit union, thrift company or other financial institution to act as a repossessor or liquidator concerning manufactured homes, mobile homes or commercial coaches.
2. Regulations adopted by the Division concerning the issuance and renewal of a limited dealer’s license must not require more than 2 hours of continuing education per year and the required continuing education must be limited to topics relating to the processes and procedures for the sale of a manufactured home.
(Added to NRS by 1987, 2087; A 2005, 1607)