NAC706.371. Control by certificate holder; prohibited sales and leases.

     1. Except as otherwise provided in NAC 706.208 and 706.375, a taxicab must be registered in the name of the certificate holder. The holder may not enter into any agreement, lease or arrangement for the payment of a commission if he or she does not have full and complete control of the vehicle at all times.

     2. A certificate holder shall not:

     (a) Sell, contract to sell or mortgage a taxicab to another person;

     (b) Lease a taxicab to another person unless the lease agreement conforms to the provisions of NRS 706.473 and NAC 706.3753; or

     (c) Lease a motor vehicle to a driver for use as a taxicab.

     3. Every driver of a taxicab must be:

     (a) A certificate holder;

     (b) The employee of a certificate holder; or

     (c) An independent contractor who has entered into a lease agreement with a certificate holder pursuant to NRS 706.473.

     [Pub. Service Comm’n, Gen. Order 5 Rules 226 & 227, eff. 12-1-62]—(NAC A 9-1-87; 5-5-94; A by Transportation Serv. Auth. by R078-98, 1-28-99)