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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 576.045: Retention of money or securities deposited in lieu of bond after operations cease.

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Where this section sits in the code
  1. TITLE 50 — ANIMALS
  2. CHAPTER 576 - LIVESTOCK AND FARM PRODUCTS: DEALERS, BROKERS, COMMISSION MERCHANTS, CASH BUYERS AND AGENTS; ALTERNATIVE LIVESTOCK

If any licensed dealer, broker or commission merchant for any reason ceases to operate as such, the amount of money or securities deposited in lieu of a bond must be retained by the Department for 1 year. If after the expiration of 1 year after the cessation of such operation, no legal action has been commenced to recover against the money or securities, they must be delivered to the owner. If a legal action has been commenced within that time, all the money and securities must be held by the Department subject to the order of the district court.

Collected 2026-09-03T05:51:43Z. Source file · JSON

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