Nevada § 648.135 Licenses: Maintenance of liability insurance or acting as self-insurer; minimum limits of liability; proof

Nevada Statutes

§ 648.135 — Licenses: Maintenance of liability insurance or acting as self-insurer; minimum limits of liability; proof

Nevada § 648.135

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 648Private

LICENSES AND REGISTRATION

This text of Nevada § 648.135 (Licenses: Maintenance of liability insurance or acting as self-insurer; minimum limits of liability; proof) 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. § 648.135 (2026).

Text

1. Before issuing any license or annual renewal thereof, the Board shall require satisfactory proof that the applicant or licensee:

(a)Is covered by a policy of insurance for protection against liability to third persons, with limits of liability in amounts not less than $200,000, written by an insurance company authorized to do business in this State; or

(b)Possesses and will continue to possess sufficient means to act as a self-insurer against that liability. 2. Every licensee shall maintain the policy of insurance or self-insurance required by this section. The license of every such licensee is automatically suspended 10 days after receipt by the licensee of notice from the Board that the required insurance is not in effect, unless satisfactory proof of insurance is provided to the Bo

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1. Before issuing any license or annual renewal thereof, the Board shall require satisfactory proof that the applicant or licensee:
(a) Is covered by a policy of insurance for protection against liability to third persons, with limits of liability in amounts not less than $200,000, written by an insurance company authorized to do business in this State; or
(b) Possesses and will continue to possess sufficient means to act as a self-insurer against that liability.
2. Every licensee shall maintain the policy of insurance or self-insurance required by this section. The license of every such licensee is automatically suspended 10 days after receipt by the licensee of notice from the Board that the required insurance is not in effect, unless satisfactory proof of insurance is provided to the Board within that period.
3. Proof of insurance or self-insurance must be in such a form as the Board may require.