Nevada Revised Statutes 573.107 – Actions by consignor creditor or Director on bond
Current as of: 2023 | Check for updates
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1. A consignor creditor claiming to be injured by the fraud of a licensee may bring an action upon the bond against the principal and the surety in any court of competent jurisdiction to recover the damages caused by the fraud.
Terms Used In Nevada Revised Statutes 573.107
- Consignor: means any person consigning, shipping or delivering livestock to a public livestock auction for sale, resale or exchange. See Nevada Revised Statutes 573.010
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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
- Fraud: Intentional deception resulting in injury to another.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
2. The Director or any consignor creditor may also bring an action upon the bond against the principal and the surety in any court of competent jurisdiction to recover the damages caused by any failure to comply with the provisions of this chapter and the rules and regulations adopted by the Department.