NRS 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:(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.
Source:
Section 573.025 — Limited license to conduct annual sale of livestock., https://www.leg.state.nv.us/NRS/NRS-573.html#NRS573Sec025.