Nev. Rev. Stat. § 697.240
Bail agent: Appointment
Nevada · Nevada Revised Statutes Chapter 697 — Businesses Related to Bail · Status: effective
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- Nev. Rev. Stat. § 697.240, Bail agent: Appointment, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2150859
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Full text
1. Each insurer appointing a bail agent shall file with the Commissioner a written appointment and pay the applicable fee for the appointment.
2. Each appointment remains in effect until the bail agent’s license is revoked or otherwise terminated, or there is an earlier termination of the appointment.
3. No insurer may appoint a bail agent whose contingent liability exceeds an amount equal to 10 times his or her reserve account unless the appointment is first approved by the Commissioner.