NAC482.920. Issuance of refund upon cancellation of registration: When vehicle is deemed to be inoperable.

Latest version.

For the purpose of paragraph (b) of subsection 9 of NRS 482.399, a vehicle shall be deemed to be inoperable if the vehicle:

     1. Is of a type that is subject to registration pursuant to chapter 482 of NRS;

     2. Has been wrecked, destroyed or otherwise damaged to the extent that the owner, leasing company, financial institution or insurance company that insured the vehicle has determined that repairing the vehicle is uneconomical; and

     3. Because of the wreckage, destruction or other damage specified in subsection 2, is not repaired by or for the person who owned the vehicle at the time the vehicle was wrecked, destroyed or damaged.

(Added to NAC by Dep’t of Motor Veh. by R086-03, eff. 12-4-2003)

                    
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