{"data":{"id":"us-nv/nrs-485.380","jurisdiction":"us-nv","citation":"NRS 485.380","heading":"Self-insurers.","body":"1. Any person in whose name more than 10 motor vehicles are registered in the State of Nevada may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the Department as provided in subsection 2.\n2. The Department may, upon the application of such a person, issue a certificate of self-insurance when:\n(a) It is satisfied that the person possesses and will continue to possess the ability to pay judgments obtained against him or her; and\n(b) The person provides security to satisfy judgments against him or her in an amount prescribed by regulation of the Department.\n3. The certificate of self-insurance must include:\n(a) The name and address of the self-insurer;\n(b) The expiration date of the self-insurance; and\n(c) The statements:\n(1) “Self-insured”; and\n(2) “This certificate of self-insurance or a photocopy thereof must be carried in the motor vehicle which is self-insured for production on demand.”\n4. Upon not less than 5 days’ notice and a hearing pursuant to the notice, the Department may, upon reasonable grounds, cancel a certificate of self-insurance. Failure to pay any judgment within 30 days after it becomes final constitutes a reasonable ground for the cancellation of a certificate of self-insurance.\n5. The Department shall adopt regulations which set forth the amount of security which must be provided by a self-insurer pursuant to subsection 2.","path":["TITLE 43 — PUBLIC SAFETY; VEHICLES; WATERCRAFT","CHAPTER 485 - MOTOR VEHICLES: INSURANCE AND FINANCIAL RESPONSIBILITY","MISCELLANEOUS PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-485.html#NRS485Sec380","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:41Z","sha256":"220cfcaf45ed37dae58ca70870e581d84bf3c1783704767418f0b3da6e6c55ca","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-485.370","next":"us-nv/nrs-485.385"},"notice":"GroundRules: Original legal text. Not legal advice."}