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Congratulations to Clint Jones, Clock Tower Auto Mall, the NEIADA Quality Dealer of the Year 

Clint was presented the award of  Quality Dealer of the Year Award, by former recipient, Karl Jensvold, at the NEIADA Convention on Saturday, January 20, 2023. 

A well deserved award for a well deserving individual. Clint has been a very dedicated NEIADA Board member over the years. 

CONGRAULATIONS CLINT



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Chart Courtesy of HBE CPA's & Consultants | Wealth Management

Nebraska Revised Statute 60-1417


Vehicle sale; instrument in writing; contents; copy of instruments and odometer statements retained by dealer; out-of-state sale; requirements.

(11) If repairs or inspections arising out of the conduct of a dealer's business cannot be provided by the dealer in any representations or warranties that may arise, the instrument shall so state that fact and shall provide the purchaser with the location of a facility where such repairs or inspections, as provided for in the service contract, can be accomplished.

A copy of all such instruments and written documentation shall be retained in the file of the dealer for five years from the date of sale. The dealer shall keep a copy of the odometer statement required by section 60-192 which is furnished to him or her for each motor vehicle the dealer purchases or sells. The dealer shall keep such statements for five years from the date of the transaction as shown on the odometer statement.

To read the entire section of 60-1417 click here.




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MANDATORY SAFEGUARDS TRAINING INFORMATION

Thursday, November 17, 2022 11:21 AM | Timothy Keigher (Administrator)

MANDATORY SAFEGUARDS TRAINING INFORMATION


Several NEIADA members have taken this course and found it extremely helpful in complying with Safeguards Rule!!


COMPLYING WITH THE SAFEGUARDS RULE

Beginning December 9, 2022 (postponed till June 9, 2023 on November 16, 2022), all dealers and employees who work with customer personal information will be required to complete the specialized training in order to be in compliance with the Safeguards and Privacy Rules of the Gramm-Leach-Bliley Act.  

This quick, easy, and affordable program fulfills the FTC's training requirements.  Your dealership will need to identify a Qualified Individual and also provide training for all employees who have access to customer information.  



WHO NEEDS TO COMPLETE THE SAFEGUARDS TRAINING?


* You must designate one QUALIFIED INDIVIDUAL.  The "Complying with the Safeguards Rule- Qualified Individual" training is designed to better help them understand their duties in this role

*All employees who have access to customers personal information are required to complete the "Complying with the Safeguards Rule- All Employees" training

This two-course program includes model Safeguards Policies and Agreements for your dealership at no additional charge. 

Click here for additional information. 


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