Nevada Revised Statutes 31A.150 – Other sources of money from which support may be withheld; duty of public entity upon receipt of notice to withhold
Money may be withheld for the support of a child pursuant to NRS 31A.025 to 31A.190, inclusive, from any money:
Terms Used In Nevada Revised Statutes 31A.150
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Statute: A law passed by a legislature.
1. Due to:
(a) The obligor as a pension, an annuity, unemployment compensation, a benefit because of disability, retirement or other cause or any other benefit;
(b) The obligor as a return of contributions and interest; or
(c) Some other person because of the death of the obligor, from the State, a political subdivision of the State or an agency of either, a public trust, corporation or board or a system for retirement, disability or annuity established by any person or a statute of this or any other state, whether the money is payable periodically or in a lump sum regardless of the frequency of payment;
2. Due to the obligor as a lump sum payment; or
3. Due to the obligor as a judgment, a settlement, the prize from any contest or lottery or gambling winnings, from any person or other entity, regardless of the frequency of payment. As used in this subsection, ‘gambling winnings’ means winnings at a licensed gaming establishment, as defined in NRS 463.0169, that are required to be reported to the Internal Revenue Service on Form W-2G.