Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter697 Businesses Related to Bail |
SURETY COMPANIES |
NAC697.360. Maintenance of accounts.
Latest version.
- Deposits, reserves or build-up accounts posted by a bail bondsman or general agent, either with a surety company or a general agent representing a surety company, must be maintained by the surety company or the general agent as trustee for the agent and deposited in a bank, savings and loan association, thrift company or similar institution in Nevada.
[Comm’r of Insurance, M-8 § XI, eff. 11-22-78]