Nevada Revised Statutes 609.450 – ‘Net earnings’ defined
Current as of: 2023 | Check for updates
|
Other versions
‘Net earnings’ means the gross earnings received for services rendered by a minor during the term of a contract, less:
Terms Used In Nevada Revised Statutes 609.450
- Contract: A legal written agreement that becomes binding when signed.
1. All sums required by law to be paid as taxes to any federal, state or local government with respect to or by reason of such earnings;
2. Reasonable sums to be expended for the support, care, education, training and professional management of the minor; and
3. Reasonable fees and expenses to be paid in connection with the contract and its performance.