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

Nev. Rev. Stat. § 706.306
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-706.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements