Section 706.5551 - Lease of taxicab to independent contractor: Approval of lease by Administrator required; requirements for independent contractor1. A certificate holder may lease a taxicab to an independent contractor pursuant to section 1.5 of Senate Bill No. 376, chapter 447, Statutes of Nevada 2015, at page 2595 (NRS 706.88396), and sections 2 to 12, inclusive, provided that the: (a) Lease agreement has been approved by the Administrator pursuant to section 4 ;(b) Independent contractor: (1) Holds a driver's permit issued pursuant to NRS 706.8841; and(2) Has obtained a medical examiner's certificate pursuant to NRS 706.8842; and(c) Taxicab which is leased under the lease agreement bears a lease medallion issued to the certificate holder pursuant to section 10.2. If a lease agreement executed pursuant to sections 2 to 12, inclusive terminates before the expiration date included in the lease agreement, the certificate holder shall notify the Authority in writing within 48 hours after the termination.Nev. Admin. Code § 706.5551
Added to NAC by Taxicab Auth. by R003-16A, eff. 12/21/2016Section 1.7 of Senate Bill No. 376, chapter 447, Statutes of Nevada 2015, at page 2596 (NRS 706.88181).