NAC482.750. Bond or deposit: Amount of liability; suspension and reinstatement of participation.

     1. Liability under a bond which is filed or a deposit which is made with the Department pursuant to NAC 482.745 will be in an amount prescribed by the Department.

     2. The Department will suspend the participation of an authorized inspection station or authorized station in the program if:

     (a) The amount of the bond filed or the deposit made is reduced below the amount required by the Department pursuant to NAC 482.745; or

     (b) There is an outstanding judgment for which the authorized inspection station or authorized station is liable under the bond or deposit.

     3. An authorized inspection station or authorized station whose participation in the program is suspended pursuant to subsection 2 will be reinstated if the station:

     (a) Files an additional bond pursuant to NAC 482.745;

     (b) Restores the deposit to its original amount; or

     (c) Satisfies the outstanding judgment for which it is liable.

     (Added to NAC by Dep’t of Motor Veh. & Pub. Safety by R003-00, eff. 4-3-2000; A by Dep’t of Motor Veh. by R052-01, 12-17-2001)