Nevada Statutes
§ 694B.120 — Action on bond
Nevada § 694B.120
This text of Nevada § 694B.120 (Action on bond) 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. § 694B.120 (2026).
Text
An action on the attorney’s bond or to recover against any such deposit made in lieu thereof may be brought by one or more subscribers suffering loss through a violation of its conditions, or by a receiver or liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer’s funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of such bond.
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Legislative History
(Added to NRS by 1971, 1830 )
Nearby Sections
15
§ 694B.010
“Reciprocal” insurance defined§ 694B.020
Scope§ 694B.030
Powers of reciprocal insurers§ 694B.040
Name; suits§ 694B.050
Attorney§ 694B.060
Organization of reciprocal insurer§ 694B.080
Power of attorney§ 694B.090
Modifications§ 694B.100
Attorney’s bond§ 694B.110
Deposit in lieu of bond§ 694B.120
Action on bond§ 694B.130
Service of process; judgment§ 694B.140
Contributions to insurerCite This Page — Counsel Stack
Bluebook (online)
Nevada § 694B.120, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/694B.120.