NRS 706.306 Operator of taxicab: Maintenance of security; affidavit required upon relinquishment of certificate of self-insurance.
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NRS 706.306 Operator of taxicab: Maintenance of security; affidavit required upon relinquishment of certificate of self-insurance.
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.
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