Nevada Revised Statutes 487.470 – Restrictions on purchase and sale of salvage vehicles; registration with operator of salvage pool with whom bid is made for purchase of vehicles required by certain persons; limitations on person issued identifying c…
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Terms Used In Nevada Revised Statutes 487.470
- Department: means the Department of Motor Vehicles. See Nevada Revised Statutes 481.015
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. Except as otherwise provided in subsection 4, only a licensed automobile wrecker, dealer of new or used motor vehicles or rebuilder or a person who has been issued an identifying card described in NRS 487.477 may bid to purchase a vehicle from an operator of a salvage pool, and the operator may only sell a vehicle to such a person. An operator shall not accept a bid from:
(a) An automobile wrecker until the automobile wrecker:
(1) Presents the card issued by the Department pursuant to NRS 487.070 or other identifying card; or
(2) If he or she is licensed or otherwise authorized to operate as an automobile wrecker in another state or foreign country, presents evidence of that licensure or authorization and has registered with the operator pursuant to subsection 2;
(b) A dealer of new or used motor vehicles or a rebuilder until the dealer or rebuilder:
(1) Presents the card issued by the Department pursuant to NRS 487.475 or other identifying card; or
(2) If he or she is licensed or otherwise authorized to operate as a dealer of new or used motor vehicles or as a rebuilder in another state or foreign country, presents evidence of that licensure or authorization and has registered with the operator pursuant to subsection 2; or
(c) A person who has been issued an identifying card described in NRS 487.477:
(1) For a nonrepairable vehicle; or
(2) For any other vehicle, until the person presents the identifying card.
2. Any automobile wrecker, dealer of new or used motor vehicles or rebuilder who is licensed or otherwise authorized to operate in another state or foreign country shall register with each operator of a salvage pool with whom the wrecker, dealer or rebuilder bids to purchase vehicles, by filing with the operator copies of his or her license or other form of authorization from the other state or country, and his or her driver’s license, business license, certificate evidencing the filing of a bond, resale certificate and proof of social security or tax identification number, if such documentation is required for licensure in the other state or country. Each operator of a salvage pool shall keep such copies at his or her place of business and in a manner so that they are easily accessible and open to inspection by employees of the Department and to officers of law enforcement agencies in this State.
3. Each person who has been issued an identifying card described in NRS 487.477 shall register with each operator of a salvage pool with whom the person bids to purchase vehicles by filing with the operator copies of his or her driver’s license, business license, if applicable, and proof of social security or tax identification number. Each operator of a salvage pool shall keep such copies at his or her place of business and in a manner so that they are easily accessible and open to inspection by employees of the Department and to officers of law enforcement agencies in this State.
4. A person who has been issued an identifying card described in NRS 487.477 shall not:
(a) Purchase more than three vehicles in any calendar year from operators of salvage pools in this State;
(b) Purchase any such vehicle for resale;
(c) Bid on a nonrepairable vehicle; or
(d) Assist, solicit or conspire with another person to commit any act prohibited by paragraph (a), (b) or (c).