Nevada Revised Statutes 573.025 – Limited license to conduct annual sale of livestock
1. In lieu of securing a license to hold, operate, conduct or carry on a public livestock auction pursuant to NRS 573.020, a person who wishes to conduct an annual sale of livestock may submit an application to the Department for the issuance of a limited license to conduct such a sale. The application must be submitted on a form furnished or approved by the Department and must include:
Terms Used In Nevada Revised Statutes 573.025
- Annual sale of livestock: means any sale of livestock:
(a) To which any member of the public may consign livestock for sale or exchange through public bidding at the sale of the livestock; and
(b) Which is conducted for not more than 2 consecutive days during a calendar year. See Nevada Revised Statutes 573.010
- Department: means the State Department of Agriculture. See Nevada Revised Statutes 573.010
- Director: means the Director of the Department. See Nevada Revised Statutes 573.010
- Livestock: means :
(a) Cattle, sheep, goats, horses, mules, asses, burros, swine or poultry; and
(b) Alternative livestock as defined in Nevada Revised Statutes 573.010
- 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
(a) The name and address of the applicant who will conduct the annual sale of livestock;
(b) The location of the establishment or premises where the applicant will conduct the annual sale of livestock; and
(c) Any other information required by the Department.
2. As soon as practicable after receiving an application pursuant to subsection 1, the Department shall issue a limited license to conduct an annual sale of livestock to the applicant if the Department finds that the applicant has:
(a) Delivered to the Director a surety bond pursuant to NRS 573.033 or a deposit receipt pursuant to NRS 573.037;
(b) Paid the fee established by regulation of the State Board of Agriculture for the limited license to conduct an annual sale of livestock pursuant to NRS 573.040; and
(c) Otherwise complied with the provisions of this chapter.
3. A limited license to conduct an annual sale of livestock is valid for the period for which it is issued. A person may not obtain more than one limited license to conduct an annual sale of livestock during the same calendar year.
4. The Department shall:
(a) Limit the required duration of any surety bond or deposit receipt submitted pursuant to paragraph (a) of subsection 2 to the period during which the annual sale of livestock is conducted by the licensee.
(b) Set the amount of the surety bond or deposit receipt at an amount which:
(1) Must be based on the amount of bond coverage calculated for a market agency pursuant to 9 C.F.R. § 201.30(a); and
(2) May be less than the amount otherwise required pursuant to NRS 573.033 or 573.037.