Nev. Rev. Stat. § 706.306
Operator of taxicab: Maintenance of security; affidavit required upon relinquishment of certificate of self-insurance
Nevada · Nevada Revised Statutes Chapter 706 — Motor Carriers · Status: effective
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- Citation
- Nev. Rev. Stat. § 706.306, Operator of taxicab: Maintenance of security; affidavit required upon relinquishment of certificate of self-insurance, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2152244
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Full text
1. Any security deposited pursuant to NRS 706.3054 or 706.3056 must be maintained for as long as the depositor holds a certificate of self-insurance or until all claims against the depositor which remain outstanding have reached final judgment and are paid, whichever is later.
2. At the time of relinquishing a certificate of self-insurance, an operator of a taxicab shall submit to the Department a properly executed affidavit indicating all claims against the operator which are outstanding. The affidavit must contain the name of each claimant and the amount of each claim.