482.328 - Vehicle taken in trade: Satisfaction of outstanding security interest. - Nevada Statutes

482.328  Vehicle taken in trade: Satisfaction of outstanding security interest.  If a licensed dealer takes a vehicle in trade on the purchase of another vehicle and there is an outstanding security interest, the licensed dealer shall satisfy the outstanding security interest within 30 days after the vehicle is taken in trade on the purchase of the other vehicle.

      (Added to NRS by 1987, 1084)