There is a newer version of the Nevada Revised Statutes
2009 Nevada Code
TITLE 54 - PROFESSIONS, OCCUPATIONS AND BUSINESSES
Chapter 624 - Contractors
RECOVERY FUND
- 624.400 - Definitions.
- 624.410 - “Account” defined.
- 624.420 - “Injured person” defined.
- 624.430 - “Owner” defined.
- 624.440 - “Qualified services” defined.
- 624.450 - “Residential contractor” defined.
- 624.460 - “Subsequent owner” defined.
- 624.470 - Establishment of account; reference to account as “Recovery Fund”; collection of biennial assessment; reduction in amount of assessment under certain circumstances; use of money in account.
- 624.480 - Limitation on time to file complaint seeking recovery.
- 624.490 - Application to Board for satisfaction of judgment from account.
- 624.500 - Hearing on complaint; limitation on time for acting on complaint.
- 624.510 - Eligibility for recovery from account; maximum amount of individual recovery from account; Board subrogated to rights of injured person; maximum amount of recovery from account for claims against individual contractor.
- 624.520 - Contractor to notify owner of rights related to account; written statement; administrative fine for noncompliance.
- 624.530 - Board retains authority to take disciplinary action against residential contractor; additional actions by Board against residential contractor.
- 624.540 - Annual statement of condition of account to Legislature; employment of necessary persons; procurement of necessary equipment, supplies and services; interest credited to account; limit on expenditures.
- 624.550 - Minimum balance in account.
- 624.560 - Regulations.
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