§ 487.047 ‘Automobile wrecker’ and ‘wrecker’ defined
§ 487.050 Unlawful to dismantle, scrap, process or wreck vehicle without license; application for license; submission of fingerprints; fees for processing fingerprints and issuance of license. [Effective until the date of the repeal of 42 U.S.C. ‘ 666, t
§ 487.050 v2 Unlawful to dismantle, scrap, process or wreck vehicle without license; application for license; submission of fingerprints; fees for processing fingerprints and issuance of license. [Effective on the date of the repeal of 42 U.S.C. ‘ 666, the
§ 487.060 Bond: Requirement; amount; application for compensation; deposits in lieu of bond; disbursement to person injured by action of licensee; automatic suspension of license if deposit is reduced or outstanding judgment; reinstatement of license; re

Terms Used In Nevada Revised Statutes > Chapter 487 > Automobile Wreckers > Generally; Unlawful Acts; Bonding

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the Department of Motor Vehicles. See Nevada Revised Statutes 481.015
  • Director: means the Director of the Department. See Nevada Revised Statutes 481.015
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fraud: Intentional deception resulting in injury to another.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.