Nevada § 598.515 Release of security if tour broker or tour operator ceases to operate

Nevada Statutes

§ 598.515 — Release of security if tour broker or tour operator ceases to operate

Nevada § 598.515

Title 52TRADE REGULATIONS AND PRACTICES

Ch. 598Deceptive

SIGHTSEEING TOURS

This text of Nevada § 598.515 (Release of security if tour broker or tour operator ceases to operate) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 598.515 (2026).

Text

1.If no claims have been filed against the security deposited with the Unit pursuant to NRS 598.495 within 6 months after the tour broker or tour operator ceases to operate, the Commissioner shall release the security to the tour broker or tour operator and shall not audit any claims filed against the security thereafter by consumers.

2.If one or more claims have been filed against the security within 6 months after the tour broker or tour operator ceases to operate, the proceeds must not be released to the tour broker or tour operator or distributed to any consumer earlier than 1 year after the tour broker or tour operator ceases to operate.

3.For the purposes of this section, the Commissioner shall determine the date on which a tour broker or tour operator ceases to operate.

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1. If no claims have been filed against the security deposited with the Unit pursuant to NRS 598.495 within 6 months after the tour broker or tour operator ceases to operate, the Commissioner shall release the security to the tour broker or tour operator and shall not audit any claims filed against the security thereafter by consumers.
2. If one or more claims have been filed against the security within 6 months after the tour broker or tour operator ceases to operate, the proceeds must not be released to the tour broker or tour operator or distributed to any consumer earlier than 1 year after the tour broker or tour operator ceases to operate.
3. For the purposes of this section, the Commissioner shall determine the date on which a tour broker or tour operator ceases to operate.

Legislative History

(Added to NRS by 2001, 982 ; R temp. 2009, 2732 ; R temp. 2011, 2652 ; R temp. 2013, 1054 ; R temp. 2015, 3653 ; R temp. 2017, 2254 ; R temp. 2019, 2501 )