NAC487.070. Procedures for bidding and sale of vehicles; monthly report.

     1. Before accepting a bid for the purchase of a vehicle from a private bidder:

     (a) The private bidder shall present to the operator of a salvage pool the private bidder’s private bidder identifying card; and

     (b) The operator shall consult the Internet website established by the Department pursuant to NAC 487.075 to determine the status of the private bidder’s private bidder identifying card.

     2. If the status of the private bidder identifying card is invalid, the operator shall not accept a bid from the person for any vehicle until the person’s private bidder card status is listed as valid on the Internet website established by the Department pursuant to NAC 487.075.

     3. If the status of the private bidder identifying card is valid, before completing the sale of the vehicle, the operator shall review the records maintained by the operator to ascertain the number of vehicles that the operator has sold to the private bidder within the current calendar year. If the operator has sold to the private bidder within the current calendar year:

     (a) Three vehicles, the operator shall not complete the sale of the vehicle.

     (b) Less than three vehicles, the operator may complete the sale of the vehicle.

     4. At the time of completing the sale of the vehicle, the operator shall collect from the private bidder the appropriate fee for issuance of a salvage title. Not later than 30 days after the date on which the sale is completed, the operator shall submit to the Department the fee collected from the private bidder for issuance of the salvage title, together with the application and other documents required for issuance of the salvage title in the name of the private bidder.

     5. Each operator shall, not later than the 10th day of each month, submit to the Department a report, in electronic format and on a form approved by the Department, listing all sales of vehicles made to private bidders during the previous month.

     (Added to NAC by Dep’t of Motor Veh. by R125-09, eff. 6-30-2010)