Duty of Department of Administration to adopt regulations establishing standards for financial operation and administration of regulatory bodies and minimum level of professional liability insurance for independent contractor acting as legal counsel for regulatory body.

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The Department of Administration shall adopt regulations establishing standards for the financial operation and administration of regulatory bodies. The regulations must include, without limitation, provisions which establish the minimum level of professional liability insurance that an attorney who contracts with a regulatory body to act as legal counsel must carry pursuant to subsection 3 of NRS 622.215.

(Added to NRS by 2017, 2844)


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