NRS 357.024
“Obligation” defined.

“Obligation” means any established duty, regardless of whether the duty is a fixed duty, arising from:

1.

An express or implied contractual relationship;

2.

A relationship between a grantor and a grantee;

3.

A relationship between a licensor and a licensee;

4.

A fee-based or similar relationship;

5.

A statute or regulation; or

6.

The retention of any overpayment.

Source: Section 357.024 — “Obligation” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-357.­html#NRS357Sec024.

Last Updated

Jun. 24, 2021

§ 357.024’s source at nv​.us