Exemption from security requirement.

The security requirement set forth in NRS 598.375 that a seller of travel deposit with the Division a bond, irrevocable letter of credit or certificate of deposit does not apply to a person engaged in business as a seller of travel if the person submits to the Division, in such form as the Division prescribes, evidence satisfactory to the Commissioner that the person is an employee, agent or independent contractor of a seller of travel who: 1. Is in compliance with the requirement to provide such security and that the person is covered by the security deposited with the Division by the seller of travel; or 2. Is exempt from the requirement to provide such security. REVISER’S NOTE. The 75th Session of the Nevada Legislature temporarily eliminated the Consumer Affairs Division of the Department of Business and Industry and the Commissioner of Consumer Affairs for the 2009-2011 biennium and transferred the powers and duties of the Division and the Commissioner to the Office of the Attorney General (see ch. 475, Stats. 2009). The 76th Session extended those provisions for the 2011-2013 biennium (see ch. 440, Stats. 2011). The 77th Session extended those provisions for the 2013-2015 biennium (see ch. 250, Stats. 2013).