Factors Director must consider before renewing license of manufacturer, distributor, rebuilder or dealer; authority of Director to require bond.

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The Director shall, before renewing any license issued pursuant to NRS 482.325, consider:

1. The number and types of complaints received against a manufacturer, distributor, rebuilder or dealer by the Department; and

2. Any administrative fines imposed upon the manufacturer, distributor, rebuilder or dealer by the Department pursuant to NRS 482.554 and 482.565,

and may require the manufacturer, distributor, rebuilder or dealer to provide a good and sufficient bond in the amount set forth in subsection 1 of NRS 482.345 for each category of vehicle sold at each place of business and in each county in which the manufacturer, distributor, rebuilder or dealer is licensed to do business.

(Added to NRS by 2007, 3200)


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