Nevada Revised Statutes 353C.040 – ‘Debt’ defined
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‘Debt’ means a tax, fee, fine or other obligation:
Terms Used In Nevada Revised Statutes 353C.040
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
1. That is owed to an agency or the State of Nevada; and
2. The payment of which is past due.