Nev. Admin. Code § 360.452 — 360.452

NAC 360.452    Requirements for agreement. ( NRS
360.090 , 360.2915 )
1.  An agreement to pay taxes, interest and
penalties in installments pursuant to NAC
360.450 must:
(a) Be in writing.
(b) Except as otherwise provided in this paragraph,
contain a personal guaranty by two responsible persons in their individual
capacities. If there is only one responsible person, the agreement must contain
the personal guaranty of that person in his or her individual capacity. In lieu
of or in addition to any personal guaranty required by this paragraph, the
Department may require a personal guaranty of any other person agreed upon by
the taxpayer and the Department.
(c) Be accompanied by the initial payment required
by the terms of the agreement.
2.  As used in this section, “responsible
person” has the meaning ascribed to it in subsection 2 of NRS 360.297 .
(Added to NAC by Tax Comm’n by R046-01, eff. 11-1-2001;
A by R202-08, 10-15-2010; R089-14, 6-26-2015)