Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 490.290 - Principal place of business and branches to be covered by bond or deposit; licensee to procure certain separate bonds or make separate deposits1. The bond required by NRS 490.270 or deposit made pursuant to NRS 490.280 must cover the licensee's principal place of business and all branches operated by the licensee, including, without limitation, any place of business operated in this State by the licensee that is located outside the county of the licensee's principal office or any place of business operated by the licensee under a different name.2. In addition to the coverage provided by the licensee's bond or deposit pursuant to subsection 1, the licensee shall procure a separate bond or make a separate deposit for: (a) Each place of business operated in this State by the licensee that is located outside the county of the licensee's principal office; and(b) Each place of business operated by the licensee under a different name.Added to NRS by 2009, 3097; A 2011, 125, 292(Added to NRS by 2009, 3097; A 2011, 125, 292, effective 7/1/2012, or 30 days after the Department of Motor Vehicles publishes on its website a statement that it has completed the preparatory tasks that are necessary to begin registration of off)-(highway vehicles, whichever is sooner)