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

NAC697.470. Agreement to act as guarantor.

Latest version.

All agreements of persons to act as guarantor must be in writing or reduced to writing as soon as possible after consummation. If any person acts as a guarantor, a copy of the agreement executed by the person must be delivered to him or her promptly upon his or her completion of the execution. No bail licensee may enforce any such agreement without disclosing to the guarantor all collateral held by the licensee indemnifying the bond to which the agreement relates, and the identity of all other guarantors thereof, if any.

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

                    
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