Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter366 Tax on Special Fuel |
SECURITY FOR PAYMENT |
NAC366.035. Reinstatement of original requirement following reduction in amount: “Lack of faithful performance” interpreted.
Latest version.
- As used in subsection 6 of NRS 366.235, the Department will interpret the term “lack of faithful performance” to mean a failure to make any payment owed pursuant to this chapter or chapter 366 of NRS in a timely manner.
(Added to NAC by Dep’t of Motor Veh. by R150-08, eff. 12-17-2008)