There is a newer version of the Nevada Revised Statutes
2014 Nevada Revised Statutes
Chapter 100 - Special Relations of Debtor and Creditor; Suretyship
NRS 100.135 - Appraisal of vehicle when commercial vehicle lease terminates or expires.
NV Rev Stat § 100.135 (2014) What's This?
If the commercial vehicle lease provides that the lessee is liable for an amount based on the residual value of the vehicle at the termination or expiration of the lease, the lessee may obtain, at his or her expense, a professional appraisal of the vehicle by an independent third party agreed to by both parties. An appraisal obtained pursuant to this section is final and binding on the parties.
(Added to NRS by 1979, 1262)
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