1.  A short-term lessor may apply to the Department for a temporary permit to operate a vehicle which:

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(a) Is not subject to the provisions of NRS 482.390, 482.395 and 706.801 to 706.861, inclusive; and

(b) Is not currently registered in this State, another state or a foreign country.

2.  The Department may, by regulation, establish a reasonable fee for such a permit. When a short-term lessor who has received a temporary permit issued pursuant to this section applies to register the vehicle, the Department shall credit against the amount otherwise due the amount paid by the short-term lessor for the temporary permit.

3.  A permit must:

(a) Bear the date of its expiration in numerals of sufficient size to be plainly readable from a reasonable distance during daylight;

(b) Expire at 5 p.m. on the 30th day after its date of issuance;

(c) Be affixed to the vehicle in the manner prescribed by the Department; and

(d) Be removed and destroyed upon its expiration or the issuance of a certificate of registration for the vehicle, whichever occurs first.