Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE43 PUBLIC SAFETY; VEHICLES; WATERCRAFT |
CHAPTER482. Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases |
MANUFACTURERS, REBUILDERS, DISTRIBUTORS, DEALERS, BROKERS, SALESPERSONS AND LESSORS |
Licensing and Regulation |
NRS482.3225. Conditions under which charitable organization not required to obtain certain licensure.
Latest version.
- A charitable organization may sell a vehicle which has been donated to the organization without complying with the provisions of subsection 1 of NRS 482.322 if:
1. No member, director, officer, employee or agent of the charitable organization has a pecuniary interest in the sale of the vehicle; and
2. The charitable organization ensures that the insurance required pursuant to NRS 485.185 is provided for that vehicle until it is purchased.
(Added to NRS by 1995, 2354; A 1997, 624)