490.440 - Off-highway vehicle dealer’s report of sale to be completed when new or used off-highway vehicle is sold or leased for first time; exceptions; regulations. [Effective 1 year after the date t

490.440  Off-highway vehicle dealer’s report of sale to be completed when new or used off-highway vehicle is sold or leased for first time; exceptions; regulations. [Effective 1 year after the date the Interim Finance Committee issues a notice to the Department of Motor Vehicles that adequate money is available to begin registering off-highway vehicles or on July 1, 2011, whichever is sooner, and expires by limitation on July 1, 2011, if such notice is not given before that date.]

      1.  When a new or used off-highway vehicle is sold or leased in this State for the first time, the seller or lessor of the off-highway vehicle shall, unless a new off-highway vehicle is sold to an off-highway vehicle dealer who is licensed to sell the make of off-highway vehicle being sold, complete and execute an off-highway vehicle dealer’s report of sale.

      2.  The form, content and disposition of the off-highway vehicle dealer’s report of sale must be prescribed by regulation adopted by the Department.

      (Added to NRS by 2009, 3101, effective 1 year after the date the Interim Finance Committee issues a notice to the Department of Motor Vehicles that adequate money is available to begin registering off-highway vehicles or on July 1, 2011, whichever is sooner, and expires by limitation on July 1, 2011, if such notice is not given before that date)