NAC704.334. Guarantors.

Latest version.

     1. A guarantor must be a customer of the utility providing service to the customer for whom the guarantor is acting.

     2. The liability of a guarantor is limited to the amount of the deposit that the customer otherwise would have been required to pay and ceases after the date the deposit otherwise would have been required to be returned.

     3. A guarantor who is required to make any payment for a customer may pay the amount owed within a period of not more than 3 months. If payment is not made within that period, the utility may terminate service to the guarantor without notice.

(Added to NAC by Pub. Service Comm’n, eff. 1-5-89)

                    
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