Nevada Revised Statutes 159A.1663 – Neglect or refusal of purchaser of mining claim or of option holder to comply with terms of agreement
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1. If the purchaser or option holder neglects or refuses to comply with the terms of the agreement approved by the court pursuant to NRS 159A.1657, the guardian may petition the court to cancel the agreement. The court shall cancel the agreement after notice is given to the purchaser or option holder.
Terms Used In Nevada Revised Statutes 159A.1663
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
2. The cancellation of an agreement pursuant to this section does not affect any liability created by the agreement.