Nevada Revised Statutes 484D.300 – Definitions
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As used in NRS 484D.300 to 484D.345, inclusive, unless the context otherwise requires:
Terms Used In Nevada Revised Statutes 484D.300
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
1. ’Odometer’ means an instrument for measuring and recording the total distance which a motor vehicle travels while in operation. The term does not include any auxiliary odometer designed to be reset by the operator of the motor vehicle.
2. ’Repair and replacement’ means restoration to a sound working condition by replacing the odometer or any part thereof, or by correcting what is inoperative.
3. ’Transfer’ means to change ownership by purchase, gift or any other means.