State Codes and Statutes
Statutes > Nevada > Title-43 > Chapter-487 > Salvage-pools > 487-400487.400 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, 487.475 or 487.477.
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.
(Added to NRS by 1987, 1594; A 1989, 862; 1991, 527; 1997, 2862; 2009, 1745)
