Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter365 Taxes on Certain Fuels for Motor Vehicles and Aircraft |
SECURITY FOR PAYMENT |
NAC365.187. Reinstatement of original requirement following reduction in amount: “Lack of faithful performance” interpreted.
Latest version.
- As used in subsection 6 of NRS 365.290, the Department will interpret the term “lack of faithful performance” to mean a failure to make all payments owed pursuant to chapter 365 of NRS in a timely manner.
(Added to NAC by Dep’t of Motor Veh. by R150-08, eff. 12-17-2008)