Nevada Administrative Code
Chapter 426 - Persons With Disabilities
ESTABLISHMENT AND OPERATION OF VENDING FACILITIES ON PUBLIC PROPERTY
Financial Operation; Records and Reports
Section 426.270 - Business checking account: Establishment and maintenance; requirement of sufficient cash; effect of negative balance

Universal Citation: NV Admin Code 426.270

Current through December 31, 2024

1. Each operator or trainee shall establish and maintain a checking account for his or her business. The account must be in a commercial bank which is authorized to do business in this State and offers electronic access to banking services. The operator or trainee shall not commingle his or her business and personal money in the business checking account.

2. Each operator or trainee shall maintain cash in an amount which is sufficient to pay all monthly obligations of his or her vending facility without diminishing the net worth of his or her business.

3. If an operator maintains a negative balance in the operator's checking account or issues a check without sufficient money in the checking account, the Bureau may terminate his or her operating agreement.

Bur. of Services to the Blind, § 56, eff. 10-14-82-NAC A by Bur. of Services to the Blind & Vis. Impaired, 8-28-97; R091-00, 9-25-2000; R228-05, 5-4-2006

NRS 426.560, 426.670

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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