EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

1-1 Section 1. Chapter 663 of NRS is hereby amended by adding thereto

1-2 a new section to read as follows:

1-3 1. Except as otherwise provided in subsection 3, if a lessor opens a

1-4 safe-deposit box without complying with subsection 1 of NRS 663.085 or

1-5 opens it for any other reason without giving the lessee an opportunity to

1-6 consent to the opening or to remove the contents, the lessee may demand

1-7 the following relief in addition to any other relief appropriate under the

1-8 circumstances, and require the lessor to submit the claim to arbitration,

1-9 mediation or factfinding:

1-10 (a) A complete explanation of the circumstances of the opening of the

1-11 box by the lessor and of an examination of the contents;

2-1 (b) An adjudication of whether any items have been found to be

2-2 missing and a determination of the value of any missing items;

2-3 (c) A determination of the compensation owed to the lessee if the

2-4 factfinder determines that an unjustified invasion of his privacy has

2-5 occurred; and

2-6 (d) An allocation of the costs of arbitration, mediation or factfinding.

2-7 2. The commissioner:

2-8 (a) Shall provide a form for the submission of a claim to arbitration,

2-9 mediation or factfinding pursuant to subsection 1;

2-10 (b) Shall adopt regulations that establish appropriate procedures for

2-11 conducting the arbitration, mediation or factfinding required by

2-12 subsection 1; and

2-13 (c) May maintain a list of persons in this state who are qualified to

2-14 conduct such a proceeding.

2-15 3. A lessor may refuse to submit a claim to arbitration, mediation or

2-16 factfinding pursuant to subsection 1 if the lessor gives notice to the lessee

2-17 in its written procedures for the rental of a safe-deposit box which clearly

2-18 states that it does not intend to comply with the provisions of subsection 1

2-19 and contains a copy of the provisions of this section and a description of

2-20 the procedures that it will follow in such a case.

2-21 Sec. 2. Chapter 673 of NRS is hereby amended by adding thereto a

2-22 new section to read as follows:

2-43 subsection1; and

3-1 (c) May maintain a list of persons in this state who are qualified to

3-2 conduct such a proceeding.

3-3 3. A lessor may refuse to submit a claim to arbitration, mediation or

3-4 factfinding pursuant to subsection 1 if the lessor gives notice to the lessee

3-5 in its written procedures for the rental of a safe-deposit box which clearly

3-6 states that it does not intend to comply with the provisions of subsection 1

3-7 and contains a copy of the provisions of this section and a description of

3-8 the procedures that it will follow in such a case.