NAC482.0425. Vehicles loaned to agency or organization: Restrictions on use of plates; maintenance, availability and contents of records; tax-exempt organizations.  


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  •      1. A licensed dealer or rebuilder who is issued a special license plate pursuant to the provisions of NAC 482.040 shall not allow the use of the special license plate on a vehicle that is loaned to an agency or organization unless the vehicle constitutes inventory held for sale by the dealer or rebuilder.

         2. A licensed dealer or rebuilder shall maintain a written record of each vehicle that is loaned to an agency or organization and on which a special license plate is displayed. The written record must be maintained at the established place of business of the dealer or rebuilder and must be made available for inspection during normal business hours by an authorized agent of the Department. The written record must include:

         (a) The business name of the dealer or rebuilder;

         (b) The number of the business license of the dealer or rebuilder;

         (c) The name of the agency or organization to which the vehicle is loaned by the dealer or rebuilder;

         (d) The vehicle identification number and stock number of the vehicle;

         (e) The number of the special license plate;

         (f) The date on which the vehicle is loaned to the agency or organization;

         (g) A statement indicating that a policy of liability insurance has been obtained for the vehicle; and

         (h) The name, title and signature of:

              (1) The person acting on behalf of the agency or organization; and

              (2) The licensed dealer or rebuilder or person acting on behalf of the licensed dealer or rebuilder.

         3. Upon request by the Department, a licensed dealer or rebuilder who loans a vehicle to an organization that is exempt from taxation pursuant to the provisions of section 501(c)(3) of the Internal Revenue Code shall, within 10 business days after receiving the request, submit evidence satisfactory to the Department that the organization is exempt from taxation pursuant to those provisions.

     (Added to NAC by Dep’t of Motor Veh. & Pub. Safety by R117-99, eff. 12-13-99)