Nevada § 598.515 - Release of security if tour broker or tour operator ceases to operate
Full text of Nevada Nevada Revised Statutes § 598.515 — Release of security if tour broker or tour operator ceases to operate, with citation guidance and answers to common questions.
§ 598.515. Release of security if tour broker or tour operator ceases to operate
1. If no claims have been filed against the security deposited with the Unit pursuant
to NRS 598.495 within 6 months after the tour broker or tour operator ceases to operate, the Commissioner
shall release the security to the tour broker or tour operator and shall not audit
any claims filed against the security thereafter by consumers. 2. If one or more claims have been filed against the security within 6 months after
the tour broker or tour operator ceases to operate, the proceeds must not be released
to the tour broker or tour operator or distributed to any consumer earlier than 1
year after the tour broker or tour operator ceases to operate. 3. For the purposes of this section, the Commissioner shall determine the date on
which a tour broker or tour operator ceases to operate.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 598.515
What does Nevada Revised Statutes § 598.515 cover?
Section 598.515 ("Release of security if tour broker or tour operator ceases to operate") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 598.515?
A common citation format is "Nevada Revised Statutes § 598.515" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 598.515 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.