Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 711.480. Incumbent cable operator: Election to operate under or terminate local franchise; procedure to terminate local franchise and obtain certificate

(a) Continue to operate within that service area pursuant to the local franchise in accordance with NRS 711.490; or

(b) Terminate the local franchise within that service area by applying for and obtaining a certificate of authority pursuant to this section.

(a) The local franchise for that service area is deemed to be terminated by operation of law on the date on which the Secretary of State issues the certificate of authority;

(b) Not later than 3 business days after the date on which the Secretary of State issues the certificate of authority, the incumbent cable operator shall file with the clerk of the local government which granted the franchise a written declaration that the incumbent cable operator has obtained a certificate of authority and that the local franchise for that service area has been terminated by operation of law; and

(c) The incumbent cable operator shall operate within that service area thereafter subject only to the same requirements that apply to any other holder of a certificate.