Nev. Admin. Code § 366.20 — 366.20

NAC 366.020    Amount required for years following initial 2 years of operation.
( NRS 366.110 , 366.235 )    The
Department will review annually the estimated maximum monthly tax for each
special fuel supplier or special fuel dealer who has operated his or her
business for at least 2 years before the review is conducted. The Department
will review the monthly tax returns of the special fuel supplier or special
fuel dealer for the 24 months immediately preceding the review to determine
whether the estimated monthly tax is sufficient. If the Department determines
that the estimated monthly tax is not sufficient, the Department will increase
the amount of security required for that special fuel supplier or special fuel
dealer in accordance with its review. Except as otherwise provided in NAC 366.030 and 366.040 , the increased amount of security
must equal at least three times the increased estimated maximum monthly tax,
but not less than $1,000 for a special fuel supplier or $100 for a special fuel
dealer, as appropriate.
(Added to NAC by Dep’t of Motor Veh. & Pub. Safety,
12-15-94, eff. 7-1-95; A 3-28-96; R096-00, 3-1-2001)