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, savings bank, credit union, thrift company or other financial institution to act as a repossessor or liquidator concerning manufactured homes, mobile homes or commercial coaches.

Terms Used In Nevada Revised Statutes 489.281

  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

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.

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