Nevada § 697.240 Bail agent: Appointment

Nevada Statutes

§ 697.240 — Bail agent: Appointment

Nevada § 697.240

Title 57INSURANCE

Ch. 697Businesses

This text of Nevada § 697.240 (Bail agent: Appointment) 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. § 697.240 (2026).

Text

1.Each insurer appointing a bail agent shall file with the Commissioner a written appointment and pay the applicable fee for the appointment.

2.Each appointment remains in effect until the bail agent’s license is revoked or otherwise terminated, or there is an earlier termination of the appointment.

3.No insurer may appoint a bail agent whose contingent liability exceeds an amount equal to 10 times his or her reserve account unless the appointment is first approved by the Commissioner.

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1. Each insurer appointing a bail agent shall file with the Commissioner a written appointment and pay the applicable fee for the appointment.
2. Each appointment remains in effect until the bail agent’s license is revoked or otherwise terminated, or there is an earlier termination of the appointment.
3. No insurer may appoint a bail agent whose contingent liability exceeds an amount equal to 10 times his or her reserve account unless the appointment is first approved by the Commissioner.