Nevada § 706.323 Limitation on power of Authority to regulate rates

Nevada Statutes

§ 706.323 — Limitation on power of Authority to regulate rates

Nevada § 706.323

Title 58ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES

Ch. 706Motor

Rates and Service

This text of Nevada § 706.323 (Limitation on power of Authority to regulate rates) 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. § 706.323 (2026).

Text

1. Except as otherwise provided in subsection 2, the Authority may not investigate, suspend, revise or revoke any rate that is subject to the approval of the Authority pursuant to NRS 706.321 and proposed by a common motor carrier or contract motor carrier because the rate is too high or too low and therefore unreasonable if:

(a)The motor carrier notifies the Authority that it wishes to have the rate reviewed by the Authority pursuant to this subsection; and

(b)The rate resulting from all increases or decreases within 1 year is not more than 10 percent above or 10 percent below the rate in effect 1 year before the effective date of the proposed rate. 2. This section does not limit the authority of the Authority to investigate, suspend, revise or revoke a proposed rate if the rate would v

Free access — add to your briefcase to read the full text and ask questions with AI

1. Except as otherwise provided in subsection 2, the Authority may not investigate, suspend, revise or revoke any rate that is subject to the approval of the Authority pursuant to NRS 706.321 and proposed by a common motor carrier or contract motor carrier because the rate is too high or too low and therefore unreasonable if:
(a) The motor carrier notifies the Authority that it wishes to have the rate reviewed by the Authority pursuant to this subsection; and
(b) The rate resulting from all increases or decreases within 1 year is not more than 10 percent above or 10 percent below the rate in effect 1 year before the effective date of the proposed rate.
2. This section does not limit the authority of the Authority to investigate, suspend, revise or revoke a proposed rate if the rate would violate the provisions of NRS 706.151 .