485.307 - Alternate methods of giving proof; proof required before registration is restored. - Nevada Statutes

485.307  Alternate methods of giving proof; proof required before registration is restored.

      1.  Proof of financial responsibility, when required pursuant to this title, may be given by filing:

      (a) A certificate of financial responsibility as provided in NRS 485.308 or 485.309; or

      (b) A certificate of self-insurance, as provided in NRS 485.380, supplemented by an agreement by the self-insurer that, with respect to accidents occurring while the certificate is in force, the self-insurer will pay the same judgments and in the same amounts that an insurer would have been obligated to pay under an owner’s policy of liability insurance if it had issued such a policy to the self-insurer.

      2.  Whenever the Department restores a license, permit or privilege of driving a vehicle in this State which has been revoked, no motor vehicle may be or continue to be registered in the name of the person whose license, permit or privilege was revoked unless proof of financial responsibility is furnished by that person.

      (Added to NRS by 1957, 725; A 1985, 1177; 1987, 1093; 1993, 2486; 1995, 2738)