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Current as of January 01, 2025 | Updated by Findlaw Staff
1. A taxicab motor carrier or an operator of a limousine may enter into a contract with an issuer of credit cards and debit cards to provide for the acceptance of credit cards or debit cards by the taxicab motor carrier or the operator of a limousine for the payment of rates, fares and charges owed to the taxicab motor carrier or the operator of a limousine.
2. The Authority may prescribe by regulation or order the maximum fee that a taxicab motor carrier or an operator of a limousine may charge a customer for the convenience of using a credit card or debit card to make payment to the taxicab motor carrier or the operator of a limousine. In prescribing such fees, the Authority may consider the expenses incurred by the taxicab motor carrier or the operator of a limousine in accepting payment by a credit card or debit card, including, without limitation:
(a) Costs of required equipment and its installation;
(b) Administrative costs of processing credit card or debit card transactions; and
(c) Fees paid to issuers of credit cards or debit cards.
3. An issuer shall not, by contract or otherwise:
(a) Prohibit a taxicab motor carrier or an operator of a limousine from charging and collecting a fee authorized pursuant to subsection 2; or
(b) Require a taxicab motor carrier or an operator of a limousine to waive the right to charge and collect a fee authorized pursuant to subsection 2.
4. As used in this section, “issuer” means a business organization, financial institution or a duly authorized agency of a business organization or financial institution which:
(a) Issues a credit card or debit card; or
(b) Enters into a contract with a taxicab motor carrier, an operator of a limousine or other person to enable or facilitate the acceptance of a credit card or debit card.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 706.322. Acceptance by taxicab motor carrier or limousine operator of credit cards or debit cards for payment of rates, fares or charges: Agreement; regulations concerning maximum convenience fee; certain acts by issuers prohibited - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-706-322/
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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