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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 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 - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-706-296/
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