Bond for Nevada Residential Care Homes

Category: Uncategorized
Published: Mar 3, 2012
AB 20: License Bond – Residential Care Homes

Homes for individual residential care must be licensed and also post a surety bond. The amount of the bond will be based on the number or employees as the existing law requires for various healthcare facilities. Through current law a $5,000 surety bond needs to be posted if a facility has less than seven employees, $25,000 bond for seven to twenty-five people, and a $50,000 bond for more than twenty-five employees. The bond must be issued from a corporate surety and be payable to the Aging Services Division for damages that a patient has sustained as a result of the licensee’s act or failure to act. The bond must run concurrently with the license period and have a 30 day cancellation clause in the bond form language. They must give 30 days notice of cancellation to the Administrator of the Health Division under current law. This new law became effective on January 1, 2010.

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Robin Kix

Robin Kix is currently the Renewal Department Manager. Since joining Lance Surety in 2014, she has helped thousands of businesses throughout the nation remain compliant at the federal, state and local level. She has significant experience supporting commercial bond lines, particularly in the automobile, transportation and construction industries. Robin and her team work together to create a positive customer service experience at the time of every policy renewal, whether that be finding the best pricing or offering additional assistance.

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