Count the covered registrants, including contractors

NRS 240A.125 uses the greatest number of registrants who will perform services for the entity at any point during the year, including temporary or seasonal work. The current statute includes both employees and independent contractors, not only the permanent payroll on the purchase date.

This is different from NRS 240A.124 and 240A.126, which address a registrant working under a sole proprietorship or more than one business entity. Do not use that separate business-entity count to select this employee/contractor-count tier.

Use the entity’s identity and the appropriate State form

The Secretary currently links a mandatory $50,000 business-entity template specifically for two to 25 registrants. It calls for the entity’s name, principal business location, organization details, authorized surety, and execution information. Have the actual covered roster and individual registrations ready; use the Secretary’s current directions for the arrangement.

The posted form runs continuously and covers the registrants’ registration periods, subject to its release terms. The Secretary requires annual proof of renewal even when coverage is continuous. Neither the annual filing cycle nor this unlabeled purchase option establishes a particular offered term.

Loss of coverage or exhaustion suspends the affected registrations under the statute. The form’s thirty-day release notice does not erase claims from conduct occurring while it was effective, and the aggregate amount does not reset merely because another year begins.

Wait for the Secretary’s filing instructions

The Secretary’s application guidance says instructions for filing the required bond are emailed after eligibility qualifications are met and specifically says not to purchase until instructed. Follow that timing and the actual State directions for the entity filing. Current law includes registered contractors even though some explanatory web text still describes employees only.

When ready, Purchase Now opens Propeller in a new tab. Compare the actual application and intended $50,000 entity instrument with the State instructions, legal principal, roster, and effective period before completing it. Use the Secretary’s directions for the signed document; a purchase does not register workers or authorize services before their Certificates of Registration are received.