Nev. Rev. Stat. § 490.064

Definitions for limited purposes.

Last amended: 2011Year: 2026Length: 168 wordsOfficial source
For the purposes of regulation under this chapter and of imposing tort liability under NRS 41.440, and for no other purpose: 1. “Lease” means a contract by which the lienholder or owner of an off-highway vehicle transfers to another person, for compensation, the right to use such off-highway vehicle. 2. “Long-term lessee” means a person who has leased an off-highway vehicle from another person for a fixed period of more than 31 days. 3. “Long-term lessor” means a person who has leased an off-highway vehicle to another person for a fixed period of more than 31 days. 4. “Short-term lessee” means a person who has leased an off-highway vehicle from another person for a period of 31 days or less, or by the day, or by the trip. 5. “Short-term lessor” means a person who has leased an off-highway vehicle to another person for a period of 31 days or less, or by the day, or by the trip. (Added to NRS by 2009, 3078; A 2011, 292)
Nev. Rev. Stat. § 490.064: Definitions for limited purposes. | Justis AI