reglab/statecodes huggingface dataset:
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.546 - Drivers: Conditions of employment

Current through June 11, 2024
1. No certificate
			 holder may allow a driver or independent contractor to operate a taxicab under
			 any of the following conditions:
(a) When the
			 driver's license of the taxicab driver or independent contractor is not in his
			 or her possession or has been suspended or revoked by the Department of Motor
			 Vehicles, until proof of reinstatement of driving privileges has been furnished
			 to the Administrator;
(b) When a
			 driver's permit has been denied or revoked by the Administrator or is under
			 suspension as ordered by the Administrator;
(c) During the time that a driver or
			 independent contractor shows temporary or permanent inability to meet the
			 standards of NRS
			 NRS
			 706.8842;
(d) When a driver or independent contractor
			 is intoxicated or shows signs of having been drinking;
(e) When a driver or independent contractor
			 shows obvious effects of having taken drugs;
(f) When a driver or independent contractor
			 does not meet the prescribed minimum standards of dress and appearance as set
			 forth by the certificate holder; or
(g) When a driver or independent contractor
			 does not possess a valid permit issued by the Administrator which authorizes
			 him or her to be employed by the certificate holder or operate a taxicab, as
			 applicable.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.549 - Drivers: Hours of service

Current through June 11, 2024
1. A driver or
			 independent contractor shall not work a period of duty longer than 12
			 consecutive hours except when under a charter or a trip, the charter or trip
			 having commenced within a reasonable period before the end of the driver's or
			 independent contractor's period of duty.
2. Under no circumstances may a driver or
			 independent contractor work longer than 16 hours within a 24-consecutive hour
			 period.
3. A driver or independent
			 contractor who has completed a period of duty of 8 hours or more must not be
			 knowingly permitted or required to resume driving unless the driver or
			 independent contractor has been off duty for at least 8 consecutive
			 hours.
4. A certificate holder
			 shall not knowingly require or permit any driver or independent contractor to
			 work longer than 12 consecutive hours, except as provided in subsection
			 1.
5. Each certificate holder shall
			 provide an appropriate, accurate and operable time clock. The time clock must
			 be approved by the Authority before its use, and the certificate holder shall
			 require its drivers to time stamp their trip sheets at the beginning and end of
			 each of their periods of duty.
Taxicab Auth., Gen. Order No. 3
			 Rule 204, eff. 4-18-71; A 3-28-76; 8-16-78-NAC A 10-13-88; R064-02, 7-31-2002;
			 A by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.550 - Drivers: Provision of receipt to passenger

Current through June 11, 2024
At the end of each trip, the driver
			 or independent contractor shall, upon request, provide his or her passenger
			 with a receipt that includes:
1. The
			 amount of the fare as indicated on the taximeter;
2. The name of the certificate holder who
			 owns or leases to an independent contractor the vehicle in which the passenger
			 was transported; and
3. The permit
			 number of the driver or independent contractor.
Added to NAC by Taxicab Auth. by
			 R064-02, eff. 7-31-2002; A by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.551 - Drivers: Search of vehicle after trip; disposition of property found

Current through June 11, 2024
Each
			 driver and independent contractor shall conduct a search of the interior of his
			 or her taxicab at the termination of each trip. If the driver or independent
			 contractor discovers any property of a passenger in the taxicab, the driver or
			 independent contractor shall immediately report the property discovered to the
			 driver's employer or the certificate holder with whom the independent
			 contractor has entered into a lease agreement pursuant to sections 2 to 12,
			 inclusive and, as soon as practicable, deliver the property to his or her
			 employer or the certificate holder, as applicable. The employer or certificate
			 holder shall maintain the property in his or her possession and dispose of the
			 property in the manner provided by law.
Added to NAC by Taxicab Auth. by
			 R064-02, eff. 7-31-2002; A by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.552 - Drivers: Prohibited and required acts

Current through June 11, 2024
1. A taxicab
			 driver or an independent contractor shall, in addition to the requirements of
			 NRS
			 706.8849, as amended by section 8.9 of Senate
			 Bill No. 376, chapter 447, Statutes of Nevada 2015, at page 2604:
(a) Ensure that the electronic taximeter of
			 his or her taxicab is engaged while the taxicab is on hire.
(b) Not solicit passengers by voice or
			 action.
(c) Not accept, directly or
			 indirectly, a gratuity or any form of compensation from any person for
			 diverting or attempting to divert a prospective customer from any commercial
			 establishment.
(d) Not knowingly
			 operate a taxicab that is unsafe for passenger service.
(e) Report immediately any inoperable or
			 defective taximeters to the certificate holder or the certificate holder's
			 representative.
(f) Not divert or
			 attempt to divert a prospective customer from any commercial
			 establishment.
(g) Except as
			 authorized by the taxicab driver's employer, the certificate holder with whom
			 the independent contractor has entered into a lease agreement pursuant to
			 sections 2 to 12, inclusive or the Authority, not permit any person, other than
			 himself or herself, within his or her taxicab unless that person is a passenger
			 who is actually being transported and is paying a fare.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.553 - Issuance of referral for employment

Current through June 11, 2024
A certificate holder shall not issue a referral
			 for employment to an applicant until the applicant has provided the certificate
			 holder with a copy of the physician's certificate required by NRS
			 NRS
			 706.8842 or a waiver as prescribed by
			 49 C.F.R.
			 391.41 et seq., and proof that the applicant
			 is lawfully entitled to remain and work in the United States.
Added to NAC by Taxicab Auth. by
			 R064-02, eff. 7-31-2002
NRS
			 706.8818
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › General Provisions › Section 706.555 - Drivers: Use of taxicab for crime

Current through June 11, 2024
A taxicab driver or independent contractor must
			 not willfully, knowingly or intentionally use his or her taxicab, or the
			 taxicab driver's employment to facilitate the commission of a crime, or permit
			 the use of his or her taxicab by another, as a means of facilitating the
			 commission of a crime.
Taxicab Auth., Gen. Order No. 3
			 Rule 506, eff. 4-18-71; A and renumbered as Rule 504, 8-16-78-NAC A 10-13-88; A
			 by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5551 - Lease of taxicab to independent contractor: Approval of lease by Administrator required; requirements for independent contractor

Current through June 11, 2024
1. 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.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5553 - Authority of certificate holder to lease taxicab to independent contractor; requirements

Current through June 11, 2024
1. Except as
			 otherwise provided in sections 2 to 12, inclusive, a certificate holder may not
			 lease any vehicle which it uses as a taxicab.
2. A certificate holder may not lease a
			 taxicab pursuant to sections 2 to 12, inclusive unless the certificate holder:
(a) Is the registered owner of the taxicab;
			 or
(b) Has the legal authority to
			 lease the taxicab to an independent contractor pursuant to sections 2 to 12,
			 inclusive.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5555 - Procedure for approval of lease agreement; duties of Administrator; appeal of disapproval by certificate holder

Current through June 11, 2024
1. Except as
			 otherwise provided in this section, a certificate holder seeking to lease a
			 taxicab to an independent contractor must submit a copy of the lease agreement
			 to the Administrator. Except as otherwise provided in subsection 4, such a
			 lease is not deemed executed until it has been approved or preapproved by the
			 Administrator pursuant to this section.
2. Except as otherwise provided in subsection
			 3 of section 5, the Administrator shall approve a lease agreement submitted
			 pursuant to subsection 1 if:
(a) The lease
			 agreement meets the requirements of section 5 ;
(b) The certificate holder and the
			 independent contractor who are parties to the lease agreement meet the
			 requirements of section 2 ; and
(c)
			 All other applicable requirements of sections 2 to 12, inclusive are
			 met.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5557 - Requirements for lease agreement; authorized actions if lease agreement violated

Current through June 11, 2024
1. A lease agreement entered into between a
			 certificate holder and an independent contractor pursuant to sections 2 to 12,
			 inclusive must:
(a) Be in writing and in a
			 form approved by the Authority.
(b)
			 Be signed by each party, or his or her representative, to the
			 agreement.
(c) Identify the use to
			 be made of the taxicab by the independent contractor and the consideration to
			 be received by the certificate holder. The use to be made of a taxicab must
			 conform to the authority granted by the certificate to operate the
			 taxicab.
(d) Include language that
			 the certificate holder and the independent contractor indemnify, release and
			 hold harmless governmental agencies, including, without limitation, the
			 Authority, from all claims arising from the lease agreement.
(e) Identify the taxicab to be leased under
			 the lease agreement.
(f)
			 Specifically state that the:
(1) Independent
			 contractor is subject to all laws and regulations relating to the operation of
			 a taxicab which have been established by the Authority and other regulatory
			 agencies and that a violation of those laws and regulations will breach the
			 lease agreement.
(2) Certificate
			 holder is responsible for providing insurance for the taxicab which meets the
			 requirements of
			 NRS 706.8828.
(3) Lease agreement does not release the
			 certificate holder from any of his or her duties or responsibilities set forth
			 in this chapter and chapter 706 of NRS.
(4) Independent contractor:
(I) Shall comply with the requirements of
			 subsections 1 to 4, inclusive, of NAC
			 706.549 concerning hours of
			 service;
(II) Shall return the
			 taxicab to the certificate holder not less than one time per day to enable the
			 certificate holder to comply with the requirements of
			 NRS
			 706.8837 and
			 706.8838;
(III) Shall not transfer, assign, sublease or
			 otherwise enter into an agreement for another person to operate the taxicab;
			 and
(IV) Shall remit to the
			 certificate holder all applicable taxes and fees required pursuant to
			 NRS
			 706.8826 and section 9 collected by the
			 independent contractor from each passenger.
(5) Taxicab provided by the certificate
			 holder pursuant to the lease agreement:
(I)
			 Will be painted with the name and unit number of the certificate holder;
			 and
(II) Is in good mechanical
			 condition that will meet the requirements for operating taxicabs in this State
			 and the county or other political subdivision in which the taxicab will be
			 operated.
(g)
			 Contain any other provision which the Authority deems necessary to protect the
			 health and safety of the public.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5559 - Certificate holder may require security deposit from independent contractor; duties of certificate holder

Current through June 11, 2024
1. A certificate
			 holder may, as a condition of leasing a taxicab to an independent contractor,
			 require the driver to deposit money with the certificate holder in an amount
			 sufficient to secure the return of the taxicab in good condition.
2. If a certificate holder collects a
			 security deposit pursuant to subsection 1, the certificate holder shall ensure
			 that the security deposit is maintained in an account separate from the account
			 in which the operating capital of the certificate holder is
			 maintained.
3. Upon the termination
			 or expiration of the lease agreement, the certificate holder shall reimburse
			 the independent contractor the amount of the security deposit and any interest
			 accrued by the security deposit, minus the costs of repairs made to the taxicab
			 pursuant to subsection 4, if any. If the cost of the repairs exceeds the amount
			 of the security deposit, the certificate holder may retain any interest accrued
			 on the security deposit in an amount equal to the difference between the cost
			 of the repairs and the amount of the security deposit.
4. A certificate holder who, at the
			 termination or expiration of the lease agreement, retains any amount from the
			 security deposit authorized by this section must, within 30 days after the
			 completion of any repairs made to the taxicab, provide the independent
			 contractor with an itemized list of any repairs made to the taxicab and copies
			 of receipts for such repairs in an amount equal to the amount that was
			 retained.
Added to NAC by Taxicab
			 Auth. by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.556 - Copy of lease agreement to be provided to independent contractor; duty of independent contractor; Authority may order withdrawal of taxicab from service for certain violations

Current through June 11, 2024
1. A certificate
			 holder who enters into a lease agreement with an independent contractor
			 pursuant to sections 2 to 12, inclusive shall provide the independent
			 contractor with a copy of the lease agreement.
2. An independent contractor shall keep a
			 copy of the lease agreement provided pursuant to subsection 1 in the taxicab
			 that is the subject of the lease agreement for the duration of the lease
			 agreement.
3. If the Authority
			 determines that a taxicab that is the subject of a lease agreement is being
			 operated in violation of this section, the Authority may order the independent
			 contractor to withdraw the taxicab from service. A taxicab withdrawn from
			 service pursuant to this subsection may not be placed back into service by the
			 independent contractor until the independent contractor provides evidence
			 sufficient to the Authority that the lease agreement is in the taxicab as
			 required by subsection 2.
Added to NAC by Taxicab
			 Auth. by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5561 - Required maintenance of records of lease agreement by certificate holder

Current through June 11, 2024
1. A certificate holder who leases a taxicab
			 to an independent contractor pursuant to sections 2 to 12, inclusive must, for
			 a period of not less than 3 years after the termination or expiration of the
			 lease agreement, maintain records pertaining to the lease agreement and the
			 taxicab that is the subject of the lease agreement, including, without
			 limitation:
(a) A copy of the signed lease
			 agreement;
(b) All records
			 evidencing and pertaining to the insurance required by
			 NRS 706.8828;
(c) All records evidencing registration and
			 maintenance of the taxicab;
(d) A
			 copy of the driver's permit and medical examiner's certificate of the
			 independent contractor; and
(e) Any
			 other records required to be maintained by the Authority pursuant to its
			 authority under
			 NRS
			 706.8829 and
			 706.883.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5563 - Independent contractor: Trip sheets; collection and remittance of taxes and fees

Current through June 11, 2024
An independent contractor who leases a taxicab
			 pursuant to sections 2 to 12, inclusive shall:
1. Submit a daily trip sheet as required by
			 NRS 706.8844, as
			 amended by section 8.7 of Senate Bill No. 376, chapter 447, Statutes of Nevada
			 2015, at page 2603, to the certificate holder not less than once every 24 hours
			 after the date on which the independent contractor begins operating the
			 taxicab.
2. Collect all applicable
			 taxes and all applicable fees required pursuant to
			 NRS
			 706.8826 from each passenger. All money
			 collected pursuant to this subsection must be remitted to the certificate
			 holder pursuant to the terms of the lease agreement.
Added to NAC by Taxicab
			 Auth. by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5565 - Lease medallions

Current through June 11, 2024
1. A certificate
			 holder may not lease a taxicab to an independent contractor pursuant to
			 sections 2 to 12, inclusive unless a lease medallion obtained from the
			 Authority is affixed to the taxicab.
2. Except as otherwise provided in this
			 section, the Authority will issue a lease medallion to a certificate holder
			 upon request.
3. A certificate
			 holder may not:
(a) Obtain a number of lease
			 medallions issued pursuant to this section that exceeds one-half of the number
			 of medallions otherwise issued to the certificate holder by the
			 Authority;
(b) Permit the combined
			 operation by drivers and independent contractors of more taxicabs than the
			 number of taxicabs allocated to the certificate holder by the Authority
			 pursuant to
			 NRS
			 706.8824, as amended by section 8.1 of Senate
			 Bill No. 376, chapter 447, Statutes of Nevada 2015, at page 2601; or
(c) Sell, transfer or mortgage a lease
			 medallion issued pursuant to this section.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5567 - Independent contractor: Deemed to be on duty for certain purposes; subject to certain provisions governing motor carriers and drivers; required documents

Current through June 11, 2024
An independent contractor who operates a
			 taxicab which has been leased from a certificate holder pursuant to sections 2
			 to 12, inclusive:
1. Will be deemed by
			 the Authority to be on duty for the purposes of sections 2 to 12,
			 inclusive.
2. Is subject to the
			 applicable provisions of this chapter and chapter 706 of NRS, including,
			 without limitation, all of the provisions of
			 NRS
			 706.881 to
			 706.885,
			 inclusive, which apply to a driver, as that term is defined in
			 NRS
			 706.8814.
3. Must have on his or her person:
(a) A valid driver's license obtained under
			 the provisions of
			 NRS 483.010 to
			 483.630,
			 inclusive;
(b) A driver's permit
			 issued by the Administrator pursuant to
			 NRS
			 706.8841; and
(c) A copy of the medical examiner's
			 certificate obtained pursuant to
			 NRS
			 706.8842.
Nevada Administrative Code › Chapter 706 - Motor Carriers › OPERATION OF TAXICABS UNDER JURISDICTION OF TAXICAB AUTHORITY › Lease Agreement with Independent Contractor › Section 706.5569 - Violations

Current through June 11, 2024
A
			 violation of any provision of sections 2 to 12, inclusive is subject to the
			 provisions of
			 NRS
			 706.885.
Added to NAC by Taxicab
			 Auth. by
			 R003-16A,
			 eff. 12/21/2016
Section 1.7 of Senate Bill No. 376,
			 chapter 447, Statutes of Nevada 2015, at page 2596 (NRS
			 NRS
			 706.88181 ).
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.558 - Definitions

Current through June 11, 2024
As used
			 in NAC 706.558 to 706.855, inclusive, unless the context otherwise requires,
			 the words and terms defined in NAC 706.561 to 706.648, inclusive, have the
			 meanings ascribed to them in those sections.
Supplied in
			 codification
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.561 - "Accounts" defined

Current through June 11, 2024
"Accounts" means the accounts prescribed in
			 this system of accounts.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 1, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.564 - "Actually issued" defined

Current through June 11, 2024
"Actually issued," as applied to securities
			 issued or assumed by the company, means those sold to bona fide purchasers for
			 a valuable consideration, those issued as dividends on stock and those issued
			 in accordance with contractual requirements direct to trustees of sinking
			 funds.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 2, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.567 - "Actually outstanding" defined

Current through June 11, 2024
"Actually outstanding," as applied to
			 securities issued or assumed by the company, means those which have been
			 actually issued and are neither retired nor held by or for the company.
			 Securities held by trustees must be considered as actually outstanding.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 3, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.570 - "Amortization" defined

Current through June 11, 2024
"Amortization" means the gradual extinguishment
			 of an amount in an account by distributing such amount over a fixed period,
			 over the life of the asset or liability to which it applies, or over the period
			 during which the benefit is anticipated to be realized.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 4, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.573 - "Associated companies" defined

Current through June 11, 2024
1. "Associated
			 companies" means companies or persons that directly or indirectly, through one
			 or more intermediaries, control, or are controlled by, or are under common
			 control with the accounting company.
2. For the purposes of this section,
			 "control," "controlling," "controlled by" and "under common control with" means
			 the possession, directly or indirectly, of the power to direct or cause the
			 direction of the management and policies of a company, whether that power is
			 exercised through one or more intermediary companies, or alone, or in
			 conjunction with, or pursuant to an agreement, and whether that power is
			 established through a majority or minority ownership or voting of securities,
			 common directors, officers or stockholders, voting trusts, holding trusts,
			 associated companies, contract or any other direct or indirect means.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 5, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.576 - "Book cost" defined

Current through June 11, 2024
"Book cost" means the amount at which property
			 is recorded in accounts without deduction of related provisions for accrued
			 depreciation, amortization, or for other purposes.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 6, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.579 - "Company" defined

Current through June 11, 2024
1. "Company" means
			 any sole proprietorship, firm, copartnership, corporation, association, or
			 joint-stock association.
2. The
			 term includes any trustee, receiver, assignee or personal representative
			 operating a taxicab service under the jurisdiction of the Authority.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 8, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.582 - "Contingent assets" defined

Current through June 11, 2024
"Contingent assets" means a possible source of
			 value to the company dependent upon the fulfillment of conditions regarded as
			 uncertain.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 9, eff. 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.585 - "Contingent liabilities" defined

Current through June 11, 2024
"Contingent liabilities" means items which may,
			 under certain conditions, become obligations of the company but which are
			 neither direct nor assumed liabilities at the date of the balance sheet.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 10, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.588 - "Cost" defined

Current through June 11, 2024
"Cost" means the amount of money actually paid
			 for property or services, or the value of any consideration other than cash,
			 determined on a cash basis.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 11, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.591 - "Cost of disposition" defined

Current through June 11, 2024
"Cost of disposition" means the cost of
			 demolishing, dismantling, tearing down or otherwise removing company property,
			 including the cost of transportation and incidental handling.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 12, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.594 - "Current assets" defined

Current through June 11, 2024
"Current assets" means:
1. Cash;
2. Those assets which are readily convertible
			 into cash or are held for current use in operations;
3. Current claims against others, payment of
			 which is reasonably assured; and
4.
			 Amounts accruing to the company which are subject to current settlement, except
			 such items for which accounts other than those designated as current assets are
			 provided.
Taxicab Auth., Uniform System of
			 Accounts Reg. part Current Assets, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.597 - "Date of disposal" defined

Current through June 11, 2024
"Date of disposal," as applied to property,
			 means the date when property is disposed of.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 13, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.600 - "Debt expense" defined

Current through June 11, 2024
"Debt expense" means all expenses in connection
			 with the issuance and initial sale of evidence of debt, such as fees for
			 drafting mortgages and trust deeds, fees and taxes for issuing or recording
			 evidences of debt, cost of engraving and printing bonds and certificates of
			 indebtedness, fees paid trustees, specific costs of obtaining governmental
			 authority, fees for legal service, fees and commissions paid underwriters,
			 brokers, and salesmen for marketing evidences of debt, fees and expenses of
			 listing on exchanges, and other similar costs.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 14, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.603 - "Depreciation" defined

Current through June 11, 2024
"Depreciation," as applied to operating
			 property, means the loss in service value not restored by current maintenance,
			 incurred in connection with the consumption or prospective retirement of
			 property in the course of service from the causes which are known to be in
			 current operation and against which the company is not protected by insurance.
			 Among the causes to be given consideration are wear and tear, decay, action of
			 the elements, inadequacy, obsolescence, changes in the art, changes in demand
			 and the requirements of public authorities.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 15, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.606 - "Discount" defined

Current through June 11, 2024
"Discount," as applied to the securities issued
			 or assumed by the company, means the excess of the par (the stated value of
			 no-par stocks) or the face value of the securities plus interest or dividends
			 accrued at the date of the sale over the cash value of the consideration
			 received from their sale.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 16, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.609 - "Functional division" defined

Current through June 11, 2024
"Functional division" means the division of
			 overall activities engaged in by an operating company into identifiable and
			 separable supporting activities, such as dispatching activities, shop and
			 garage activities, cab operating activities, general and administrative
			 activities and other activities.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 17, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.612 - "Investment advances" defined

Current through June 11, 2024
"Investment advances" means advances,
			 represented by notes or bank account only, with respect to which it is mutually
			 agreed or intended between the creditor and debtor that the advances may be
			 settled by the issuance of securities or not be subject to current
			 settlement.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 18, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.615 - "Net book cost" defined

Current through June 11, 2024
"Net book cost," when applied to property,
			 means the book cost less related depreciation or amortization reserves.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 19, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.618 - "Nominally issued" defined

Current through June 11, 2024
"Nominally issued," as applied to securities
			 issued or assumed by the company, means those which have been signed,
			 certified, or otherwise executed, and placed with the proper officer for sale
			 and delivery, or pledged, or otherwise placed in some special fund of the
			 company, but which have not been sold, or issued direct to trustees of sinking
			 funds in accordance with contractual requirements.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 20, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.621 - "Nominally outstanding" defined

Current through June 11, 2024
"Nominally outstanding," as applied to
			 securities issued or assumed by the company, means those which, after being
			 actually issued, have been reacquired by or for the company under circumstances
			 which require them to be considered as held alive and not retired. Securities
			 held by trustees must be considered as actually outstanding.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 21, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.624 - "Original cost" defined

Current through June 11, 2024
"Original cost," as applied to company
			 property, means the cost of property at the time of acquisition.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 22, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.627 - "Outside labor" defined

Current through June 11, 2024
"Outside labor" means labor services performed
			 for the company by any person who is not an employee, partner or owner of the
			 company.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 23, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.630 - "Premium" defined

Current through June 11, 2024
"Premium," as applied to the securities issued
			 or assumed by the company, means the excess of the cash value of the
			 consideration received from their sale over the sum of their par (the stated
			 value of no-par stocks) or face value and interest or dividends accrued at the
			 date of sale.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 25, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.633 - "Property disposed" and "property retired" defined

Current through June 11, 2024
"Property disposed" or
			 "property retired," as to company property, means property which has been
			 removed, sold, abandoned, destroyed or which for any cause has been withdrawn
			 from service.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 26, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.636 - "Replacement asset" and "replacement property" defined

Current through June 11, 2024
"Replacement asset" or
			 "replacement property" means an asset or property which will perform
			 substantially the same functions or serve a purpose similar in nature to the
			 asset or property disposed of.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 27, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.639 - "Salvage value" defined

Current through June 11, 2024
"Salvage value" means:
1. The amount received for property retired
			 or disposed of, less the cost of disposition.
2. An arbitrary value set up for accounting
			 purposes on resalable, usable or depreciable property.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 28, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.642 - "Service life" defined

Current through June 11, 2024
"Service life" means the period of time between
			 the date when property is placed in service and the date of its retirement from
			 service.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 29, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.645 - "Service value" defined

Current through June 11, 2024
"Service value" means the difference between
			 the book cost and the salvage value of property owned by the company.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 30, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.648 - "Straight-line method" defined

Current through June 11, 2024
"Straight-line method," as applied to
			 depreciation accounting, means the plan under which the service value of
			 property is charged to depreciation expense and credited to depreciation
			 reserves through equal periodic charges as nearly as may be during its service
			 life.
Taxicab Auth., Uniform System of
			 Accounts Reg. Definitions § 31, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.651 - Records required

Current through June 11, 2024
1. Each company
			 must keep its books of account and all other books, records and memoranda which
			 support the entries in its books of account and be able to furnish readily full
			 information as to any item included in any account. Each entry must be
			 supported by such detailed information as will permit ready identification,
			 analysis and verification of all relevant facts.
2. The books and records must include not
			 only accounting records in a limited technical sense, but all other records,
			 such as trip sheets, minute books, stock books, reports, correspondence,
			 memoranda and other records which may be useful in developing the history of or
			 facts regarding any transaction.
3.
			 Trip sheets, invoices, cancelled checks, ledgers, inventory records, minute
			 books, reports, correspondence, memoranda and other documents, not currently in
			 use, must be stored in such orderly and systematic manner as will permit ready
			 review or reference to any particular dated trip sheet or other record for at
			 least 3 years.
4. In addition to
			 prescribed accounts, clearing accounts, temporary, or experimental accounts and
			 subdivisions of any accounts, may be kept, provided the integrity of the
			 prescribed accounts is not impaired.
5. All amounts included in the accounts
			 prescribed for operating revenue deductions must be just and reasonable and any
			 payments or accruals by the company in excess of just and reasonable charges
			 must be included in the account for miscellaneous other expenses described in
			 subsection 4 of NAC 706.852.
6. The
			 Authority may at any time call for additional detailed information from the
			 company to be obtained from the books and records required to be maintained by
			 the company under NAC 706.558 to 706.855, inclusive, when in the judgment of
			 the Authority such additional information is necessary for regulatory
			 purposes.
7. The arrangement or
			 sequence of the accounts prescribed is not controlling for the arrangement or
			 sequence in report forms which may be prescribed by the Authority.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 1, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.654 - Accounting method and period

Current through June 11, 2024
1. Each entry in
			 the uniform system of accounts for taxicab operations must be made by the
			 "double-entry" method of bookkeeping and each account must be maintained on an
			 "accrual basis." If bills covering such transactions have not been received or
			 rendered, the amounts must be estimated and accruals based on these estimates
			 or orders must be recorded. Appropriate adjustments must be made when phone
			 bills, utility bills or other bills are received.
2. Each company shall keep its books on a
			 monthly basis so that for each month all applicable transactions are entered in
			 the books of the company.
3. Each
			 company shall close its books for regulatory purposes at the end of each
			 calendar year.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 2, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.657 - Accounting method: Interpretation

Current through June 11, 2024
To maintain uniformity of accounting, companies
			 shall submit questions of doubtful interpretation to the Authority for
			 consideration and decision.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 3, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.660 - Item lists

Current through June 11, 2024
Lists of "items" appearing in the texts of the
			 accounts or in NAC 706.558 to 706.855, inclusive, are for the purpose of more
			 clearly indicating the application of the prescribed accounting. The lists are
			 intended to be representative, but not exhaustive.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 4, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.663 - Functional divisions of accounts

Current through June 11, 2024
Functional divisions of accounts have been set
			 up in NAC 706.558 to 706.855, inclusive, and all such accounts must be used if
			 applicable to the company's operations.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 5, eff.
			 12-24-70
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.666 - Inventory requirements

Current through June 11, 2024
1. Physical
			 inventories must be taken on the last day of each calendar year, or in lieu
			 thereof, during the last week of the calendar year, of all materials and
			 supplies which affect the operational, repair or maintenance activities of the
			 company, such as fuel, oil, tires, batteries, radio tubes, shop parts and small
			 tools. An adjustment to the proper expense account must be made for the
			 difference between the inventories taken at the end of the calendar year and
			 the inventories recorded for the beginning of the calendar year. If any bills
			 have not been received or recorded for items considered in the year-end
			 inventory, proper accrual entries must be made at a realistic estimated cost
			 value. The adjustments must reflect proper expenses for the ending of the
			 current year.
2. Inventories of all
			 materials and supplies must be segregated in accordance with the functional
			 divisions so that expenses may be allocated properly.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 6, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829
Nevada Administrative Code › Chapter 706 - Motor Carriers › UNIFORM SYSTEM OF ACCOUNTS FOR TAXICAB COMPANIES › General Provisions › Section 706.669 - Fixed assets

Current through June 11, 2024
The accounts must include the original cost of
			 all property which:
1. Is owned by the
			 company and devoted to the company's taxicab operations;
2. Has an estimated service life of more than
			 1 year; and
3. Had an original cost
			 of over $100.
Taxicab Auth., Uniform System of
			 Accounts Reg. Gen. Instructions § 7, eff. 12-24-70; A
			 11-16-79
NRS
			 706.8818,
			 706.8829