to 100.165, inclusive. If the lessor under an open-end consumer vehicle lease or a commercial vehicle lease fails to comply with NRS 100.145 to 100.165, inclusive, the lessor may not recover any deficiency from the lessee.
NRS 100.175
Penalty on lessor for failure to comply with NRS 100.145
Known as the Asset-Backed Securities Facilitation Act
The act spans §§ 100–100 (28 sections).
Applied in 1 court decision — leading case Rule-Dale Enterprises, Inc. v. Kozlowski (1984)
Most recently applied in Rule-Dale Enterprises, Inc. v. Kozlowski (January 1984)
(Added to NRS by 1979, 1264; A 2021, 1431)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.