10 days after the vehicle becomes a salvage vehicle that the vehicle has become a salvage vehicle. The lienholder shall, within 30 days after receiving such notice, forward the title, together with an application for salvage title, to the state agency. 3. An insurance company or its authorized agent may sell a vehicle for which a total loss settlement has been made with the properly endorsed title if the total loss settlement resulted from the theft of the vehicle and the vehicle, when recovered, was not a salvage vehicle. 4. An owner who has determined that a vehicle is a total loss salvage vehicle may sell the vehicle with the properly endorsed title obtained pursuant to this section, without making any repairs to the vehicle, to a salvage pool, automobile auction, rebuilder, automobile wrecker or a new or used motor vehicle dealer. 5. Except with respect to a nonrepairable vehicle, if a salvage vehicle is rebuilt and restored to operation, the vehicle may not be licensed for operation, displayed or offered for sale, or the ownership thereof transferred, until there is submitted to the state agency with the prescribed salvage title, an appropriate application, other documents, including, without limitation, an affidavit from the state agency attesting to the inspection and verification of the vehicle identification number and the identification numbers, if any, for parts used to repair the motor vehicle and fees required, together with a certificate of inspection completed pursuant to NRS 487.860. 6. Except with respect to a nonrepairable vehicle, if a total loss insurance settlement between an insurance company and any person results in the retention of the salvage vehicle by that person, before the execution of the total loss settlement, the insurance company or its authorized agent shall: (a) Obtain, upon an application for salvage title, the signature of the person who is retaining the salvage vehicle; (b) Append to the application for salvage title the title to the motor vehicle or an affidavit stating that the original title has been lost; and (c) Apply to the state agency for a salvage title on behalf of the person who is retaining the salvage vehicle. 7. If the state agency determines that a salvage vehicle retained pursuant to subsection 5 is titled in another state or territory of the United States, the state agency shall notify the appropriate authority of that state or territory that the owner has retained the salvage vehicle. 8. A person who retains a salvage vehicle pursuant to subsection 6 may not transfer any ownership interest in the vehicle unless he has received a salvage title. (Added to NRS by 1963, 839; A 1979, 1230; 1987, 1603; 1991, 526; 1995, 1574; 2003, 471, 1914)—(Substituted in revision for NRS 487.110) NRS 487.810 Salvage title: Issuance by state agency; contents; persons and entities to whom issued; documents required to be submitted with application; fee; title as prerequisite to transfer of ownership interest; certain authorities not conveyed by title; not to be issued for nonrepairable vehicle. 1. The state agency may issue a salvage title for a vehicle, which contains a brief description of the vehicle, including, insofar as data may exist with respect to the vehicle, the make, type, serial number and motor number, or any other number of the vehicle, upon application, to: (a) The owner of the vehicle; (b) The person to whom the vehicle is titled; (c) An insurance company that acquires the vehicle as a salvage vehicle pursuant to subsection 1 of NRS 487.800; or (d) A lienholder who acquires title to the vehicle. 2. A properly endorsed title, together with a disclosure of mileage, as required pursuant to the provisions of 49 U.S.C. §§ 32701 et seq. and 49 C.F.R. § 580.5, must be submitted with the application for salvage title. 3. Within 2 days after receiving all necessary documents, the state agency shall issue a salvage title for the vehicle. 4. Except as otherwise provided in this subsection, the state agency shall charge and collect a fee of $10 for the issuance of a salvage title pursuant to this section. The state agency shall not charge a fee for the issuance of a salvage title to an automobile wrecker licensed in this State. Fees collected by the state agency pursuant to this subsection must be deposited with the State Treasurer for credit to the Account for Regulation of Salvage Pools, Automobile Wreckers, Body Shops and Garages created by NRS 487.450. 5. Ownership interest in a salvage vehicle may not be transferred unless a salvage title has been issued by the state agency for the vehicle. 6. Possession of a salvage title does not entitle a person to dismantle, scrap, process or wreck any vehicle in this State unless the person holds a license issued pursuant to NRS 487.050. 7. The Department shall not issue a salvage title for a nonrepairable vehicle. (Added to NRS by 2003, 1911) NRS 487.820 Salvage title: Procedure for acceptance of application if applicant unable to furnish certificates of title and registration; prohibition on issuance of duplicate certificates of title or registration. 1. If the applicant for a salvage title is unable to furnish the certificates of title and registration last issued for the vehicle, the state agency may accept the application, examine the circumstances of the case and require the filing of suitable affidavits or other information or documents. If satisfied that the applicant is entitled to a salvage title, the state agency may issue the salvage title. 2. No duplicate certificate of title or registration may be issued when a salvage title is applied for, and no fees are required for the affidavits of any stolen, lost or damaged certificate, or duplicates thereof, unless the vehicle is subsequently registered. (Added to NRS by 1963, 839; A 1979, 1230; 1987, 1603; 1999, 1921; 2003, 472, 1915)—(Substituted in revision for NRS 487.120) NRS 487.830 Transfer of interest in motor vehicle: Transferor to disclose information relating to status of vehicle as salvage vehicle; additional duties of transferor; criminal penalty. 1. Any person who transfers an interest in a motor vehicle in this State shall, before the transfer, disclose in writing to the transferee any information that the transferor knows or reasonably should know concerning whether the vehicle is a salvage vehicle. 2. If the transferor is subject to any of the provisions of NRS 482.423 to 482.4245, inclusive, the transferor shall: (a) Make the disclosure required by subsection 1 before executing a contract of sale or a long-term lease; (b) Provide a copy of the disclosure to the transferee; and (c) Retain the written disclosure in his records for the period specified in NRS 482.3263. 3. A person who violates subsection 1 is guilty of obtaining property by false pretenses as provided in NRS 205.380. (Added to NRS by 2003, 1909) NRS 487.840 Title: Removal or concealment of indicia of salvage vehicle or rebuilt vehicle prohibited; criminal penalties if violation committed with intent to defraud; restitution. 1. A person shall not remove, cause to be removed or conceal a marking on: (a) A salvage title or other title which indicates that the vehicle is a salvage vehicle; or (b) A certificate of title or other title for a rebuilt vehicle which indicates that the vehicle is a rebuilt vehicle. 2. A person who knowingly violates subsection 1 with the intent to defraud: (a) If the fair market value of the vehicle involved is $250 or more, is guilty of a category D felony and shall be punished as provided in NRS 193.130. (b) If the fair market value of the vehicle involved is less than $250, is guilty of a misdemeanor. In addition to any other penalty, the court shall order the person to pay restitution to the

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