2006 Nebraska Revised Statutes - § 60-194 — Odometers; motor vehicle dealer; duties; violation; effect.

Section 60-194
Odometers; motor vehicle dealer; duties; violation; effect.

No licensed motor vehicle dealer shall have in his or her possession as inventory for sale any used motor vehicle of an age of less than twenty-five years for which the dealer does not have in his or her possession the transferor's statement required by section 60-192 unless a certificate of title has been issued for such motor vehicle in the name of the dealer. Violation of sections 60-190 to 60-196 shall be grounds for suspension or revocation of a motor vehicle dealer's license under the provisions of Chapter 60, article 14.


Source:
    Laws 2005, LB 276, § 94



~Revised Statutes Supplement, 2006

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