NAC706.1323. Bond required for habitually delinquent taxpayer.

     1. If the Department requires a common motor carrier, contract motor carrier or private motor carrier of property to provide a bond pursuant to NRS 706.192, the amount of the bond must be in an amount equal to the greater of:

     (a) The total amount of registration fees imposed for the vehicle or fleet of vehicles of the common motor carrier, contract motor carrier or private motor carrier of property over the immediately preceding 12-month period; or

     (b) Twenty-five hundred dollars.

     2. The bond provided pursuant to NRS 706.192 must be maintained by the common motor carrier, contract motor carrier or private motor carrier of property if the Department finds the common motor carrier, contract motor carrier or private motor carrier of property is habitually delinquent for:

     (a) The first time, for 12 months.

     (b) The second time, for 24 months.

     (c) The third or subsequent time, for 36 months.

     3. The Department interprets the term “habitually delinquent,” as used in NRS 706.192, to mean a taxpayer who has a check to the Department returned or fails to remit payment for any amount due the Department pursuant to this chapter by the date required two or more times within any 12-month period.

     (Added to NAC by Dep’t of Motor Veh. by R158-09, eff. 4-20-2010)