Nevada Administrative Code (Last Updated: January 6, 2015)

NAC490.052. “Purchase price” defined.

Latest version.

“Purchase price” means:

1. If no security interest is taken, retained, created or in existence because of a sale of an off-highway vehicle in this State, the price of the off-highway vehicle plus any additional included amounts for taxes, official fees, registration decal fees, transfer of title fees, delivery charges, installation charges, servicing charges, repair charges, alteration charges and improvement charges, or any of them.

2. If a security interest is taken, retained, created or in existence because of a sale of an off-highway vehicle in this State, the amounts specified in subsection 1 plus any time price differential included in the security agreement or the obligation which it secures.

(Added to NAC by Dep’t of Motor Veh. by R130-11, 6-29-2012, eff. 7-1-2012)

                    
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