Title 108 · NRS Chapter 108

“Surety” defined.

Citation: NRS 108.22176

Section: 108.108.22176

NRS

108.22176

“Surety” defined.

“Surety” means a corporation authorized to transact surety business in this state pursuant to NRS 679A.030 that:

1. Is included in the United States Department of the Treasury’s Listing of Approved Sureties; and

2. Issues a surety bond pursuant to NRS 108.2413 to 108.2425 , inclusive, that does not exceed the underwriting limitations established for that surety by the United States Department of the Treasury.

(Added to NRS by 2003, 2589 )