Nevada Code § 573.020

Holding of public livestock auction without license prohibited; procedure for application for license
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1. A person shall not hold, operate,
conduct or carry on a public livestock auction in this state without first
securing a license therefor from the Department.
2. The application for a license must be
on a form prescribed and furnished by the Department and set forth:
(a) The name of the operator of the public
livestock auction.
(b) The location of the establishment or premises
where the public livestock auction will be conducted.
(c) The type or kinds of livestock to be handled,
sold or exchanged.
(d) A description of the facilities that will be
used to conduct the public livestock auction.
(e) The weekly or monthly sales day or days on
which the applicant proposes to operate the applicants public livestock
auction.
(f) The name and address of the bank or credit
union where the custodial account for consignors proceeds will be established
and maintained by the operator of the public livestock auction in compliance
with the provisions of NRS 573.104 .
(g) Such other information as the Department
reasonably may require, including, without limitation, proof that at the time
of application the applicant has a line of credit established at a bank or
credit union in the State of Nevada in the amount of $400,000 or more.
3. The application must be accompanied by
a bond or deposit receipt and the required fee as provided in this chapter.

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