NAC706.462. Criteria for multiple licenses.

     1. The Authority will consider the acquisition of another company or companies by an operator with an existing certificate if after the acquisition of the new company the combined medallions will not exceed 49 percent of the total number of medallions in the industry.

     2. In every instance in which a certificate holder seeks approval for the transfer of another certificate to his or her control, the Authority will consider whether such multiple licensing is in the best interests of the State of Nevada, having due regard for public convenience and the general welfare of the inhabitants of these areas and of the traveling public.

     3. In making this determination, the following factors may be considered:

     (a) Has there been an adequate period of performance by the applicant by which the Authority could conclude that existing operations are effective and therefore warrant further extension?

     (b) Will the proposed transfer promote safe, adequate, economical and efficient service and foster sound economic conditions in the taxicab industry?

     (c) Will the proposed transfer result in unjust discrimination, undue preference or advantage, or unfair or destructive competitive practices?

     (d) Any other index or criteria deemed by the Authority to have effect on multiple licensing and upon the public convenience and general welfare of the public.

     [Taxicab Auth., Gen. Order No. 3 Rule 109, eff. 6-19-74; A 8-16-78]—(NAC A 10-13-88)