NAC482.674. Eligibility to participate; denial of participation.

     1. To be eligible to participate in the program, a new vehicle dealer must:

     (a) Have been continuously licensed by the Department as a new vehicle dealer for not less than 1 year immediately preceding the date of application;

     (b) Not have had a license to engage in an occupation or business that is regulated by the Department revoked;

     (c) Have satisfactorily conducted business as a new vehicle dealer in accordance with the provisions of chapter 482 of NRS for not less than 1 year immediately preceding the date of application;

     (d) Not have knowingly issued a check to the Department that was returned for insufficient money or credit within 1 year immediately preceding the date of application; and

     (e) Not have committed:

          (1) A violation of any provision of the Nevada Revised Statutes or Nevada Administrative Code that resulted in the imposition of an administrative fine by the Department or the suspension of a license to engage in an occupation or business that is regulated by the Department within 1 year immediately preceding the submission of the application; or

          (2) Two or more violations of any provision of the Nevada Revised Statutes or Nevada Administrative Code that resulted in the imposition of administrative fines by the Department or the suspensions of such a license by the Department within the 3 years immediately preceding the submission of the application.

     2. The Department may deny an application of a new vehicle dealer to participate in the program if the new vehicle dealer is owned in whole or in part by, or employs, any person who has been convicted of or pleaded nolo contendere to:

     (a) A felony or gross misdemeanor; or

     (b) A misdemeanor in violation of the provisions of this chapter or chapter 482 of NRS, within the 4 years immediately preceding the date of application.

     3. For the purposes of this section, the issuance by the Department of a cease and desist order or an order to cease from further action to a new vehicle dealer is not a ground to deny the application of a new vehicle dealer to participate in the program.

     (Added to NAC by Dep’t of Motor Veh. by R011-08, eff. 6-17-2008)