NAC482.264. Written disclosure: Acknowledgment of receipt by customer; retention by used vehicle dealer for records.

     1. Before entering into a contract with a customer for the sale of a used vehicle to which the provisions of NRS 482.36655 to 482.36667, inclusive, apply, a used vehicle dealer or a salesperson employed by the used vehicle dealer shall:

     (a) Provide to the customer a copy of the disclosure set forth in subsection 2 of NAC 482.262; and

     (b) Require the customer to sign a statement in substantially the following form: “I acknowledge that I received the disclosure set forth in subsection 2 of NAC 482.262 before I signed a contract of sale for the used vehicle described in that disclosure.”

     2. The used vehicle dealer shall retain for his or her records pursuant to NRS 482.3263 a fully completed copy of the disclosure provided to the customer pursuant to paragraph (a) of subsection 1.

     (Added to NAC by Dep’t of Motor Veh. & Pub. Safety by R163-97, eff. 5-27-98)