If a licensed dealer takes a vehicle in trade on the purchase of another vehicle and there is an outstanding security interest, the licensed dealer shall satisfy the outstanding security interest within 30 days after the vehicle is taken in trade on the purchase of the other vehicle.
NRS 482.328
Vehicle taken in trade: Satisfaction of outstanding security interest
(Added to NRS by 1987, 1084)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.