State Codes and Statutes
Statutes > Nevada > Title-43 > Chapter-487 > Salvage-pools > 487-494487.494 License to issue identifying cards: Bond; deposit in lieu of bond.
1. Except as otherwise provided in subsection 2, an applicant for a license to issue identifying cards shall file with the Department a bond payable to the State of Nevada in the amount of $10,000. The bond must be executed by the applicant as principal and by a corporation qualified under NRS 100.065 as surety.
2. An applicant may, instead of filing a bond, deposit $10,000 with the State Treasurer in any form authorized by NRS 100.065.
(Added to NRS by 1997, 2861)
