Nev. Admin. Code § 706.389

Current through June 11, 2024
Section 706.389 - Effect of cessation of operations
1. Except as otherwise provided in subsection 2, an application for the transfer of operating rights will not be approved if there has been a cessation of operations by the transferor without the prior approval of the Authority even if the application was submitted before the operations ceased.
2. Approval may be obtained if the cessation of operations was caused by circumstances over which the holder of the operating rights had no control or the transfer would be in the public interest.

Nev. Admin. Code § 706.389

Pub. Service Comm'n, Gen. Order 5 Rule 221, eff. 12-1-62-NAC A 9-1-87; A by Transportation Serv. Auth. by R071-98, 10-28-98; R040-02, 9-20-2002

NRS 706.171, 706.4464, 706.6411