Nevada Revised Statutes 20.010 – Undertaking with sureties; affidavits
1. In all cases where an undertaking with sureties is required by the provisions of titles 2 to 6, inclusive, of NRS, the judge, justice, or clerk, or other officer taking the same, shall, unless it is otherwise provided in NRS, require the sureties to accompany the same with an affidavit that they are each worth the sum specified in the undertaking, over and above all their just debts and liabilities, exclusive of property exempt from execution.
Terms Used In Nevada Revised Statutes 20.010
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
2. When the amount specified in an undertaking exceeds $3,000, and there are more than two sureties thereon, they may state in their affidavits that they are severally worth amounts less than that expressed in the undertaking, if the whole amount be equivalent to that of two sufficient sureties.