Vehicle taken in trade: Satisfaction of outstanding security interest.

  1. Law
  2. Nevada Revised Statutes
  3. Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases
  4. Vehicle taken in trade: Satisfaction of outstanding security interest.

Checkout our iOS App for a better way to browser and research.

If a licensed dealer takes a vehicle in trade on the purchase of another vehicle and there is an outstanding security interest, the licensed dealer shall satisfy the outstanding security interest within 30 days after the vehicle is taken in trade on the purchase of the other vehicle.

(Added to NRS by 1987, 1084)


Download our app to see the most-to-date content.