2020 Nevada Revised Statutes
Chapter 622 - General Provisions Governing Regulatory Bodies
NRS 622.215 - Contribution of regulatory body to Fund for Insurance Premiums; conditions and limitations regarding employment of attorney as legal counsel or contracting with attorney to provide services as independent contractor.

Universal Citation: NV Rev Stat § 622.215 (2020)

1. Each regulatory body shall contribute to the Fund for Insurance Premiums as required by NRS 331.187.

2. If a regulatory body employs an attorney as legal counsel, the attorney may not be employed as legal counsel of another regulatory body.

3. If a regulatory body retains an attorney to act as legal counsel for the regulatory body as an independent contractor, the attorney:

(a) May contract with more than one regulatory body to act as legal counsel as an independent contractor.

(b) Shall obtain or otherwise carry, before acting as legal counsel for a regulatory body, a policy of professional liability insurance which insures the attorney against any liability arising from acting as legal counsel for the regulatory body.

(Added to NRS by 2017, 2843)

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