Nevada § 445B.807 - Consignment auction: Qualifying event; certification of auctioneer; regulations
Full text of Nevada Nevada Revised Statutes § 445B.807 — Consignment auction: Qualifying event; certification of auctioneer; regulations, with citation guidance and answers to common questions.
§ 445B.807. Consignment auction: Qualifying event; certification of auctioneer; regulations
1. To qualify as a consignment auction for the purposes of subsection 5 of NRS 445B.805 , an event must be: (a) A live auction with an auctioneer verbally calling for and accepting bids; or (b) An auction conducted on an auction website on the Internet by a person who is
certified pursuant to subsection 2 and who is: (1) A vehicle dealer licensed pursuant to NRS 482.325 ; or (2) A salvage pool licensed pursuant to NRS 487.410 . 2. A person may obtain certification for the purposes of paragraph (b) of subsection
1 by: (a) Applying to the Department of Motor Vehicles; (b) Providing evidence satisfactory to the Department that the person is licensed
as a vehicle dealer pursuant to NRS 482.325 or as a salvage pool pursuant to NRS 487.410 ; (c) Providing evidence satisfactory to the Department that at least 51 percent of
the motor vehicles sold by the person in the calendar year immediately preceding the
date of the person's application were sold on behalf of another person and were sold
using: (1) A live auction with an auctioneer verbally calling for and accepting bids; or (2) An auction conducted on an auction website on the Internet by the person; and (d) Providing any other information or documentation required by the Department. 3. The Department may adopt any regulations necessary to carry out the provisions
of this section, including, without limitation, providing procedures for the application
for and the granting of a certification pursuant to this section and providing for
the expiration and renewal of the certification.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 445B.807
What does Nevada Revised Statutes § 445B.807 cover?
Section 445B.807 ("Consignment auction: Qualifying event; certification of auctioneer; regulations") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 445B.807?
A common citation format is "Nevada Revised Statutes § 445B.807" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 445B.807 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.