NRS706.8829. Uniform system of accounts; examination of books and accounts; fines; suspension or revocation of certificate of public convenience and necessity.

      1.  A certificate holder shall maintain a uniform system of accounts in which all business transacted by the certificate holder is recorded. The accounts must be:

      (a) Kept in a form prescribed by the Taxicab Authority;

      (b) Before May 15 of each year, submitted to the Taxicab Authority in an annual report in the form and detail prescribed by the Taxicab Authority;

      (c) Retained for a period of 3 years after their receipt back from the Taxicab Authority; and

      (d) Supplemented with such additional information as the Taxicab Authority may require.

      2.  The Taxicab Authority may examine the books, accounts, records, minutes and papers of a certificate holder at any reasonable time to determine their correctness and whether they are maintained in accordance with the regulations adopted by the Taxicab Authority.

      3.  If a certificate holder fails to comply with any provision of this section in a timely manner, the Administrator, after hearing, may impose a fine of not more than $1,000, commence proceedings to suspend or revoke the certificate of public convenience and necessity of the certificate holder, or both impose a fine and commence such proceedings.

      (Added to NRS by 1969, 1242; A 1981, 2054; 1991, 1963)