A license to operate a public livestock auction must be renewed annually upon like application and procedure as in the case of an original license to operate a public livestock auction. An application for the renewal of the license must be accompanied by the name and address of the bank or credit union where the custodial account for consignors’ proceeds will be established and maintained by the operator of the public livestock auction in compliance with the provisions of NRS 573.104.

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Terms Used In Nevada Revised Statutes 573.080

  • 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

  • Public livestock auction: means any sale or exchange of livestock held by any person at an established place of business or premises where the livestock is assembled for sale or exchange, and is exchanged or sold at auction or upon a commission basis at regular or irregular intervals. See Nevada Revised Statutes 573.010