Nevada Revised Statutes > Chapter 357 > Liability
Current as of: 2022 | Check for updates
|
Other versions
| § 357.040 | Liability for damages and civil penalty for certain acts |
| § 357.050 | Limitation of damages and waiver of penalty for cooperation of defendant |
| § 357.060 | Joint and several liability |
Terms Used In Nevada Revised Statutes > Chapter 357 > Liability
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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.
- 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