Nevada Revised Statutes 370.690 – Adoption of certain regulations by Department
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1. To promote compliance with the provisions of NRS 370A.140, the Department may adopt regulations requiring a manufacturer of tobacco products to make the escrow deposits required by NRS 370A.140 in quarterly installments during the year in which the sales covered by those deposits are made. The Department may require the production of information sufficient to enable the Department to determine the adequacy of the amount of each quarterly installment.
Terms Used In Nevada Revised Statutes 370.690
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
2. The Department may adopt such regulations as it deems necessary to carry out the provisions of NRS 370.600 to 370.705, inclusive.