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Current as of January 01, 2025 | Updated by Findlaw Staff
If the Director awards to a railroad company a contract for a project for the construction, reconstruction, improvement or maintenance of a highway and the project is located on property that is owned by or under the control of the railroad company, the contract may provide that the railroad company is not required to file, furnish or obtain a payment bond, performance bond or any other bond that would otherwise be required pursuant to the provisions of this chapter.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 35. Highways; Roads; Bridges; Parks § 408.354. Contract awarded to railroad company may provide under certain circumstances that railroad company is exempt from requirements concerning bonds - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-35-highways-roads-bridges-parks/nv-rev-st-408-354/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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