Nev. Rev. Stat. § 244.348
Pawnbrokers: Additional license required to use motor vehicle as collateral for loan; fee for additional license
Nevada · Nevada Revised Statutes Chapter 244 — Counties: Government · Status: effective
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- Citation
- Nev. Rev. Stat. § 244.348, Pawnbrokers: Additional license required to use motor vehicle as collateral for loan; fee for additional license, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2094841
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Full text
1. If the board of county commissioners requires a license to engage in business as a pawnbroker, it shall also require an additional license if the pawnbroker accepts motor vehicles as pledged property or in any other manner allows the use of a motor vehicle as collateral for a loan. A license authorizing a pawnbroker to accept motor vehicles as pledged property must not be issued to a person who does not have a license to engage in business as a pawnbroker.
2. The board shall charge and collect an additional fee of not more than $500 for each license authorizing a pawnbroker to accept motor vehicles as pledged property, and shall issue the license upon payment of the prescribed fee.