e owner of a motor vehicle involved in that accident. The suspension must continue until the resident furnishes evidence of his compliance with the law of the other state relating to the deposit of that security. [7:127:1949; 1943 NCL § 4439.07]—(NRS A 1957, 722; 1961, 142; 1981, 1128; 1995, 2737; 1999, 3582) NRS 485.250 Authority of Department to reduce amount of security. The Department may reduce the amount of security ordered in any case within 6 months after the date of the accident if, in its judgment, the amount ordered is excessive. In case the security originally ordered has been deposited, the excess deposited over the reduced amount ordered must be returned to the depositor or his personal representative forthwith, notwithstanding the provisions of NRS 485.270. [Part 8:127:1949; 1943 NCL § 4439.08]—(NRS A 1961, 143; 1999, 3582) NRS 485.260 Custody of security. Security deposited pursuant to the requirements of NRS 485.190 to 485.300, inclusive, must be placed by the Department in the custody of the State Treasurer. [Part 9:127:1949; A 1955, 192]—(NRS A 1961, 143; 1981, 1129; 1995, 2738; 1999, 3583) NRS 485.270 Disposition of security. Security deposited in compliance with the requirements of this chapter is applicable only to the payment of a judgment or judgments rendered against the person or persons on whose behalf the deposit was made for damages arising out of the accident in question in an action at law, begun not later than 2 years after the date of the accident or within 1 year after the date of deposit of any security under NRS 485.230, whichever period is longer, or to the payment in settlement, agreed to by the depositor, of a claim or claims arising out of the accident. [Part 9:127:1949; A 1955, 192]—(NRS A 1957, 722; 1981, 1865) NRS 485.280 Return of deposit. A deposit or any balance thereof must be returned to the depositor or his personal representative: 1. When evidence satisfactory to the Department has been filed with it that there has been a release from liability, a final adjudication of nonliability or an acknowledged agreement, in accordance with paragraph (h) of subsection 1 of NRS 485.200; or 2. If 2 years after the date of the accident or 1 year after the date of deposit of any security under NRS 485.230, whichever period is longer, the Department is given reasonable evidence that there is no action pending and no judgment rendered in such an action left unpaid. [Part 9:127:1949; A 1955, 192]—(NRS A 1961, 143; 1981, 1865; 1987, 1093; 1999, 3583) NRS 485.290 Transfers of deposits to State Highway Fund; procedure for payment of claimants after transfer. 1. In cases where a return to a depositor or his personal representative is authorized and warranted under NRS 485.280 but the address or present whereabouts of the depositor is unknown and cannot be readily ascertained by the Department, the security deposited may, 90 days after its return would be authorized by NRS 485.280, be transferred from the custody of the State Treasurer to the State Highway Fund for the general use of the Department of Transportation upon the written and certified request of the Department. 2. The request made by the Department must state the names of the parties, the dates and a concise statement of the facts involved and must be forwarded in duplicate to the State Controller and the State Treasurer. 3. The State Controller and the State Treasurer are directed to transfer the amounts of security deposits from the custody of the State Treasurer to the State Highway Fund to effectuate the purposes of this section upon being satisfied that the provisions of this chapter have been complied with. 4. If the depositor of the security or his rightful heirs or legatees, within 5 years after the transfer of the deposit to the State Highway Fund, present a verified claim to the Department and make proof of the validity of the claim, the Department, if it is satisfied as to the validity of the claim, may determine the amount thereby found to be due and certify it to the State Controller who shall draw his warrant therefor on the State Treasurer, who shall pay the warrant out of the State Highway Fund. 5. If the Department denies the validity of the claim, the claimant, upon notice to the Attorney General, has a right to appeal to the First Judicial District Court of the State of Nevada, in and for Carson City, and present his proof of the validity of the claim. If, after hearing, the court is satisfied the claimant is rightfully entitled to the deposit, the court shall enter a decree that the money be paid to him. The decree must be certified to the State Board of Examiners, stating the amount thereby found to be due, and the State Board of Examiners shall allow the amount and certify it to the State Controller who shall draw his warrant therefor on the State Treasurer, who shall pay the warrant out of the State Highway Fund. 6. The amounts in the custody of the State Treasurer on March 19, 1955, falling under the provisions of this section, may be transferred to the State Highway Fund, after the expiration of 90 days from March 19, 1955, in accordance with the provisions of this section. [Part 9:127:1949; A 1955, 192]—(NRS A 1961, 143; 1971, 231; 1979, 1815; 1999, 3583) NRS 485.300 Matters not to be evidence in civil suits. Any action taken by the department pursuant to NRS 485.190 to 485.300, inclusive, the findings, if any, of the department upon which the action is based and the security filed pursuant to NRS 485.190 to 485.300, inclusive, are privileged against disclosure at the trial of any action at law to recover damages. [10:127:1949; 1943 NCL § 4439.10]—(NRS A 1961, 144; 1971, 809; 1981, 1129; 1995, 2738; 1999, 3584) NONPAYMENT OF JUDGMENT NRS 485.301 Judgment creditor authorized to report nonpayment of judgment; Department to transmit copy of judgment to nonresident’s state. 1. Whenever any person fails within 60 days to satisfy any judgment, the judgment creditor or his attorney may forward to the Department immediately after the expiration of the 60 days a certified copy of the judgment. 2. If the defendant named in any certified copy of a judgment reported to the Department is a nonresident, the Department shall transmit a certified copy of the judgment to the officer in charge of the issuance of licenses and registration certificates of the state in which the defendant is a resident. (Added to NRS by 1957, 723; A 1961, 144; 1983, 266; 1999, 3584) NRS 485.302 Suspension for nonpayment of judgment; exceptions. 1. The Department shall, upon the receipt of a certified copy of a judgment, suspend the license, all registrations and any nonresident’s operating privilege of any person against whom the judgment was rendered, except as otherwise provided in this section and in NRS 485.305. 2. If the judgment creditor consents in writing, in such a form as the Department may prescribe, that the judgment debtor be allowed a license and registration or nonresident’s operating privilege, it may be allowed by the Department until the consent is revoked in writing, notwithstanding default in the payment of the judgment or of any installments thereof prescribed in NRS 485.305, if the judgment debtor furnishes proof of financial responsibility as provided in NRS 485.307. The debtor shall maintain proof of financial responsibility for 3 years after the date of reinstatement of the license pursuant to the provisions of this chapter. If he fails to do so, the Department shall suspend his license and registrations. (Added to NRS by 1957, 723; A 1961, 144; 1985, 1176; 1995, 2738; 1999, 3584) NRS 485.303 Suspension to continue until judgments paid and proof given. 1. The license, all registrations and the nonresident’s operating privilege must remain so suspended and must not be renewed, nor may any license or registration be thereafter issued

Vegas Law