Nevada Revised Statutes Section 487.400 - Public Safety - Vehicles - Watercraft

Definitions. As used in NRS 487.400 to 487.510, inclusive:

1. “Identifying card” means a card:

(a) Authorizing the holder to bid for the purchase of vehicles from the operator of a salvage pool; and

(b) Containing the information required by NRS 487.070 or 487.475.

2. “Salvage pool” means a business which obtains motor vehicles from:

(a) Insurers and self-insurers for sale on consignment or as an agent for the insurer or self-insurer if the vehicles are acquired by the insurer or self-insurer as the result of a settlement for insurance; or

(b) Licensed vehicle dealers, rebuilders, lessors or wreckers for sale on consignment.

Last modified: February 25, 2006