Nevada Administrative Code (Last Updated: January 6, 2015)

NAC697.460. Receipts for collateral.

Latest version.

1. Receipts for collateral must be issued and maintained in numerical order. A master collateral receipt book must remain permanently at the principal place of business of the licensee.

2. A licensee may keep a duplicate book of collateral receipts on his or her person away from the principal place of business. If a duplicate book is maintained, it must be clearly designated as such.

[Comm’r of Insurance, M-8 § XII, eff. 11-22-78]

                    
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