NRS 449.067
Substitute for surety required for facility for intermediate care, facility for skilled nursing, peer support recovery organization, residential facility for groups, home for individual residential care, agency to provide personal care services in home and agency to provide nursing in home.

1.

As a substitute for the surety bond required pursuant to NRS 449.065, a facility for intermediate care, a facility for skilled nursing, a peer support recovery organization, a residential facility for groups, a home for individual residential care, an agency to provide personal care services in the home and an agency to provide nursing in the home may deposit with any bank or trust company authorized to do business in this State, upon approval from the Administrator of the Division of Public and Behavioral Health:

(a)

An obligation of a bank, savings and loan association, savings bank, thrift company or credit union licensed to do business in this State;

(b)

Bills, bonds, notes, debentures or other obligations of the United States or any agency or instrumentality thereof, or guaranteed by the United States; or

(c)

Any obligation of this State or any city, county, town, township, school district or other instrumentality of this State, or guaranteed by this State, in an aggregate amount, based upon principal amount or market value, whichever is lower.

2.

The obligations of a bank, savings and loan association, savings bank, thrift company or credit union must be held to secure the same obligation as would the surety bond required by NRS 449.065. With the approval of the Administrator of the Division of Public and Behavioral Health, the depositor may substitute other suitable obligations for those deposited, which must be assigned to the Aging and Disability Services Division of the Department of Health and Human Services and are negotiable only upon approval by the Administrator of the Aging and Disability Services Division.

3.

Any interest or dividends earned on the deposit accrue to the account of the depositor.

4.

The deposit must be an amount at least equal to the surety bond required by NRS 449.065 and must state that the amount may not be withdrawn except by direct and sole order of the Administrator of the Aging and Disability Services Division.

Source: Section 449.067 — Substitute for surety required for facility for intermediate care, facility for skilled nursing, peer support recovery organization, residential facility for groups, home for individual residential care, agency to provide personal care services in home and agency to provide nursing in home., https://www.­leg.­state.­nv.­us/NRS/NRS-449.­html#NRS449Sec067.

449.040
Application for license: Filing 449.050
Fees. 449.065
Surety bond for initial license and renewal of license to operate facility for intermediate care, facility for skilled nursing, peer support recovery organization, residential facility for groups, home for individual residential care, agency to provide personal care services in home and agency to provide nursing in home 449.067
Substitute for surety required for facility for intermediate care, facility for skilled nursing, peer support recovery organization, residential facility for groups, home for individual residential care, agency to provide personal care services in home and agency to provide nursing in home. 449.068
Surety bond required for initial license and renewal of license to operate facility for refractive surgery. 449.069
Substitute for surety bond required for facility for refractive surgery. 449.080
Issuance, validity and transferability of license. 449.085
Form and contents of license. 449.087
Amendment of license required for addition of certain services 449.089
Expiration and renewal of license. 449.091
Provisional license. 449.092
Applicant for issuance or renewal of license for home for individual residential care to attest to knowledge of and compliance with certain guidelines concerning safe and appropriate injection practices. 449.093
Training to recognize and prevent abuse of older persons: Persons required to receive 449.094
Continuing education requirements concerning care of persons with dementia for certain employees of facilities for skilled nursing, facilities for intermediate care and residential facilities for groups. 449.0915
Endorsement of psychiatric hospital as crisis stabilization center: Issuance
Last Updated

Feb. 5, 2021

§ 449.067’s source at nv​.us