Bond, letter of credit or certificate of deposit
Any person or business entity acting as a 'seller' who engages in solicitation by telephone in Nevada, or solicits persons in Nevada from a location outside the state. Required when: Registration as a seller with the Consumer Affairs Unit. Exemptions: Exemptions include: persons licensed under NRS 90 (Securities), 119…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: $50,000. Other available requirements: "The standard amount is $50,000 as per NRS 599B.100(2). However, the amount may be increased to not more than $250,000 as part of an assurance of discontinuance accepted by the Attorney General pursuant to NRS 599B.235.". Exact options still depend on the obligee, state, and underwriting.
