Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 366.40 — 366.40
NAC 366.040 Amount required for habitually delinquent supplier or dealer. ( NRS 366.110 , 366.235 )
1. If the Department determines that a
special fuel supplier or special fuel dealer is habitually delinquent, the
Department will increase the amount of security required from that special fuel
supplier or special fuel dealer to five times the estimated maximum monthly
tax.
2. If the Department increases the amount of
security required, the special fuel supplier or special fuel dealer shall
increase his or her security as required by the Department within 60 days after
notification of the increase.
(Added to NAC by Dept of Motor Veh. & Pub. Safety,
12-15-94, eff. 7-1-95; A 3-28-96; R096-00, 3-1-2001)
Source: official text