Assembly Bill No. 209-Assemblymen Anderson, Williams, Segerblom, Carpenter, Tiffany, Evans, Krenzer, Nolan, Price, Mortenson, Collins, Cegavske, Manendo, Hettrick, Perkins, Ernaut, Buckley, Berman, de Braga, Neighbors, Von Tobel, Ohrenschall, Humke, Amodei, Close, Herrera, Goldwater, Giunchigliani, Arberry, Bache, Lambert and Freeman
February 27, 1997
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Referred to Committee on Transportation
SUMMARY--Makes various changes to provisions governing sales, leases and trades of vehicles. (BDR 43-367)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: No.
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
AN ACT relating to vehicles; revising the period for the satisfaction of an outstanding security interest on a vehicle taken in trade or purchased by a licensed dealer; prohibiting the display of vehicles for sale or lease on property not owned or controlled by the owner of the vehicle, under certain circumstances; providing a penalty; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
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Section 1 NRS 482.328 is hereby amended to read as follows:
482.328 If a licensed dealer takes [a vehicle in trade on the purchase of another] possession by trade or purchase of a vehicle and there is an outstanding security interest, the licensed dealer shall satisfy the outstanding security interest within [30] 20 days after [the vehicle is taken in trade on the purchase of the other vehicle.] taking possession of the vehicle.
Sec. 2. NRS 482.548 is hereby amended to read as follows:
482.5481. Except as otherwise provided in subsection 2, it is unlawful for any person to display for the purpose of sale or lease any vehicle upon [any vacant lot or unimproved portion of a public right of way.] property he does not own or control.
2. A registered owner may display for the purpose of sale or lease his vehicle upon [a vacant lot] property he does not own or control if:
(a) The activity is authorized by the applicable zoning regulations; and
(b) The [displayer is the owner of the lot or] registered owner of the vehicle has received the written consent of the owner of the property and the evidence of the written consent:
(1) Is posted on the vehicle in a manner easily seen and read. If the vehicle has a windshield, the consent must be posted inside the windshield, facing outward.
(2) Is signed by the owner of the [vacant lot.] property.
(3) Contains the name and address of the owner of the [vacant lot.] property.
(4) Contains the name and address of the person who owns the vehicle.
(5) States the period for which the display is authorized.
3. Any person who violates the provisions of this section is guilty of a misdemeanor.
4. This section does not prohibit any dealer of vehicles licensed pursuant to chapter 482 of NRS from displaying for sale or lease vehicles in the ordinary course of his business.
Sec. 3. The amendatory provisions of this act do not apply to offenses that are committed before the effective date of this act.
Sec. 4. The provisions of subsection 1 of NRS 354.599 do not apply to any additional expenses of a local government that are related to the provisions of this act.
Sec. 5. This act becomes effective upon passage and approval.