Nevada Code § 487.815

Salvage title: Appointment of agent to issue; prerequisites to appointing agent; investigation, auditing and inspection of agent
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1. The Department may by contract appoint
any person as a salvage title agent of the Department to issue those salvage
titles which the Department is authorized to issue pursuant to NRS 487.810 . A salvage title agent
appointed pursuant to this section shall charge and collect the fee required by NRS 487.810 for the issuance of a
salvage title and remit it to the Department. Fees remitted to the Department
pursuant to this subsection must be deposited with the State Treasurer for
credit to the Revolving Account for the Issuance of Salvage Titles created by NRS 487.825 .
2. Before entering into a contract
pursuant to subsection 1, an applicant for appointment as a salvage title agent
must:
(a) File with the Department, on a form
prescribed by the Department, an application which contains, without
limitation, his or her social security number.
(b) Submit to the Department a complete set of
his or her fingerprints and written permission authorizing the Department to
forward the fingerprints to the Central Repository for Nevada Records of
Criminal History for submission to the Federal Bureau of Investigation for its
report.
(c) Pay a fee for the processing of fingerprints.
The Department shall establish by regulation the fee for processing
fingerprints. The fee must not exceed the sum of the amounts charged by the
Central Repository for Nevada Records of Criminal History and the Federal
Bureau of Investigation for processing the fingerprints.
(d) Procure and file with the Department a good
and sufficient bond in an amount of not less than $50,000, with a corporate
surety thereon licensed to do business in the State of Nevada, approved as to
form by the Attorney General, and conditioned upon the applicant remitting to
the Department the full amount of any fee he or she is required to collect
pursuant to subsection 1. In lieu of a bond, the applicant may deposit with the
State Treasurer a like amount of lawful money of the United States.
3. The Department may, as the Director of
the Department deems appropriate:
(a) Investigate the actions of a salvage title
agent appointed pursuant to subsection 1.
(b) Conduct audits of the salvage title agent at
regular intervals.
(c) Inspect the premises of the salvage title
agent during regular business hours to determine the salvage title agents
compliance with the contract entered into pursuant to subsection 1. The
Department may require the salvage title agent to pay to the Department an
amount equal to the allowance provided for state officers and employees
generally while traveling outside of the State for each day or fraction thereof
during which an employee of the Department is engaged in any investigation or examination
made at any premises of the salvage title agent located outside this State,
plus any other actual expenses incurred by the employee while he or she is
absent from his or her regular place of employment to conduct the investigation
or examination outside this State.

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