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NRS 706.296 - Duty of carrier engaged in intrastate transportation and collecting purchase price on delivery of goods sold by shipper to file bond with Authority.

NV Rev Stat § 706.296 (2019) (N/A)
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Every common and contract motor carrier who engages in transportation intrastate and the collection of the purchase price of goods sold by the shipper to the consignee shall provide a bond, to be filed with the Authority, for the benefit of the shipper in an amount which the Authority deems reasonably sufficient as an aggregate but not to exceed $1,000, to insure the shipper against any loss of the moneys so collected by the carrier through misappropriation, negligence or other defalcations.

(Added to NRS by 1971, 695; A 1997, 1936)

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