Assembly Bill No. 212–Committee on Commerce and Labor
(On Behalf of the Department of Business and Industry, Manufactured Housing Division)
February 27, 2003
____________
Referred to Committee on Commerce and Labor
SUMMARY—Revises provisions relating to Account for Education and Recovery Relating to Manufactured Housing. (BDR 43‑462)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State: No.
~
EXPLANATION
– Matter in bolded italics is new; matter
between brackets [omitted material] is material to be omitted.
Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).
AN ACT relating to manufactured housing; revising certain fees related to licensing certain persons for activities relating to manufactured housing; prohibiting certain persons who are so licensed from recovering damages from the Account for Education and Recovery Relating to Manufactured Housing under certain circumstances; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
1-1 Section 1. NRS 489.4971 is hereby amended to read as
1-2 follows:
1-3 489.4971 1. The Account for Education and Recovery
1-4 Relating to Manufactured Housing is hereby created within the Fund
1-5 for Manufactured Housing to satisfy the claims of purchasers of
1-6 manufactured homes, mobile homes or commercial coaches against
1-7 persons licensed pursuant to the provisions of this chapter. Any
1-8 balance in the Account over $500,000 at the end of any fiscal year
1-9 must be set aside and used by the Administrator for education
1-10 relating to manufactured homes, mobile homes, travel trailers or
1-11 commercial coaches.
2-1 2. Upon the issuance or renewal of the following licenses by
2-2 the Division, the licensee must pay in addition to the original or
2-3 renewal license fee, a fee:
2-4 (a) For a dealer’s or manufacturer’s original license, or an
2-5 original limited dealer’s license issued pursuant to NRS 489.281, of
2-6 $1,000.
2-7 (b) For a dealer’s or manufacturer’s renewal license, or a
2-8 renewal limited dealer’s license issued pursuant to NRS 489.281, of
2-9 $600.
2-10 (c) For an original or renewal license for:
2-11 (1) A serviceman, rebuilder or installer, of $150.
2-12 (2) A salesman, of [$25.] $75.
2-13 (3) A responsible managing employee, of [$50.] $100.
2-14 Except as otherwise provided in NRS 489.265, fees collected
2-15 pursuant to this section must be deposited in the State Treasury for
2-16 credit to the Account.
2-17 3. A payment from the Account to satisfy the claim of a
2-18 purchaser specified in subsection 1 against a person who is licensed
2-19 pursuant to this chapter must be made only upon an appropriate
2-20 court order that is issued in an action for fraud, misrepresentation or
2-21 deceit relating to an act for which a license is required pursuant to
2-22 this chapter.
2-23 Sec. 2. NRS 489.4975 is hereby amended to read as follows:
2-24 489.4975 1. If a purchaser of a manufactured home, mobile
2-25 home or commercial coach obtains a final judgment in any court of
2-26 competent jurisdiction against any licensee under this chapter in an
2-27 action specified in subsection 3 of NRS 489.4971, the judgment
2-28 creditor may, upon the termination of all proceedings, including
2-29 appeals in connection with any judgment, file a verified petition in
2-30 the court in which the judgment was entered for an order directing
2-31 payment from the Account in the amount of actual damages
2-32 included in the judgment and unpaid, but not more than $25,000 per
2-33 judgment and the liability of the Account may not exceed $100,000
2-34 for any licensee.
2-35 2. A copy of the petition must be served upon the
2-36 Administrator and an affidavit of service filed with the court. The
2-37 petition and each copy of the petition served pursuant to this
2-38 subsection must set forth the grounds which entitle the judgment
2-39 creditor to recover from the Account and must include a copy of:
2-40 (a) The final judgment specified in subsection 1;
2-41 (b) The complaint upon which the final judgment was entered;
2-42 and
2-43 (c) If assets are known to exist, the writ of execution that was
2-44 returned unsatisfied.
3-1 3. The court shall act upon the petition within 30 days after
3-2 service and, upon the hearing of the petition, the judgment creditor
3-3 must show that:
3-4 (a) He is not the spouse of the judgment debtor, or the personal
3-5 representative of that spouse.
3-6 (b) He has complied with all the requirements of NRS 489.4971
3-7 to 489.4989, inclusive.
3-8 (c) He has obtained a judgment of the kind described in
3-9 subsection 1, stating the amount of the judgment and the amount
3-10 owing on it at the date of the petition.
3-11 (d) A writ of execution has been issued upon the judgment and
3-12 that no assets of the judgment debtor liable to be levied upon in
3-13 satisfaction of the judgment could be found, or that the amount
3-14 realized on the sale of any of them that were found under the
3-15 execution was insufficient to satisfy the judgment, stating the
3-16 amount so realized and the balance remaining due.
3-17 (e) He and the Division have made reasonable searches and
3-18 inquiries to ascertain whether the judgment debtor possesses real or
3-19 personal property or other assets, liable to be sold or applied in
3-20 satisfaction of the judgment.
3-21 (f) The petition has been filed not more than 1 year after the
3-22 termination of all proceedings, including reviews and appeals, in
3-23 connection with the judgment.
3-24 4. A person licensed pursuant to this chapter shall not
3-25 recover from the Account for damages related to a transaction in
3-26 which he acted in his capacity as a licensee.
3-27 Sec. 3. This act becomes effective upon passage and approval.
3-28 H