Section 720.710 - Liability of licensee1. Except as otherwise provided in this section, a licensee who operates a recognized repository shall agree to pay for any loss incurred by a person who reasonably relies on a digital signature that is verified by the public key set forth in a suspended or revoked certificate, if the reliance occurs:(a) More than 1 business day after the licensee receives from a recognized certification authority a request to publish notice of the suspension or revocation; and(b) Before the licensee has published the notice in the recognized repository it operates.2. Subsection 1 does not require a licensee to agree to pay any:(a) Punitive or exemplary damages or damages for pain or suffering; or(b) Amount in excess of any limitations on obligations, losses or damages listed in the suspended or revoked certificate.3. A licensee may liquidate, limit, alter or exclude liability for any consequential or incidental damages resulting from the requirements of subsection 1 by:(a) Agreement with the person who incurs the loss; or(b) Notification of the person who incurs the loss, before he or she relies on the digital signature, of the liquidation, limitation, alteration or exclusion, if the liquidation, limitation, alteration or exclusion is not unconscionable.Nev. Admin. Code § 720.710
Added to NAC by Sec'y of State by R155-98, eff. 12-2-99