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Home » US Law » 2022 Nevada Revised Statutes » TITLE 57—INSURANCE » Chapter 691B - Sureties

NRS 691B.010 – Applicability of other provisions.

All contracts of surety insurance covering subjects located or to be performed in this state are subject to the applicable provisions of chapter 687B of NRS (the insurance contract), and to other applicable provisions of this Code. (Added to NRS by 1971, 1779)

NRS 691B.020 – Power of certain insurers to execute instrument; limitation of liability if two or more such insurers execute instrument; execution satisfies legal requirements.

1. Whenever a bond, undertaking, recognizance, guaranty or other obligation is required, permitted, authorized or allowed, or whenever the performance of any act, duty or obligation, or forbearance is required, permitted, authorized or allowed to be secured or guaranteed, such bond, undertaking, recognizance or other obligation, or such security or guaranty, may be executed by […]