489.281 - Regulations concerning issuance and renewal of limited dealer’s license. - Nevada Statutes

489.281  Regulations concerning issuance and renewal of limited dealer’s license.

      1.  The Division shall adopt regulations for the issuance and renewal of a limited dealer’s license authorizing a person other than a bank, savings and loan association, credit union, thrift company or other financial institution to act as a repossessor or liquidator concerning manufactured homes, mobile homes or commercial coaches.

      2.  Regulations adopted by the Division concerning the issuance and renewal of a limited dealer’s license must not require more than 2 hours of continuing education per year and the required continuing education must be limited to topics relating to the processes and procedures for the sale of a manufactured home.

      (Added to NRS by 1987, 2087; A 2005, 1607)