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 NRS 501. See 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.

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