Nevada Administrative Code › Chapter 576 - Livestock and Farm Products: Dealers, Brokers, Commission Merchants, Cash Buyers and Agents; Alternative Livestock › DEALERS, BROKERS, COMMISSION MERCHANTS AND AGENTS › Section 576.080 - Amount of required bond

Current through June 11, 2024
1. The amount of
			 bond, security or deposit required of a person licensed to act as a dealer,
			 broker or commission merchant is based on the annual volume of his purchases,
			 as follows:
(a) For a buyer of farm produce:
Annual Volume of Purchase
Amount of Bond
Under
						  $200,000......................................................................................................
$10,000
From $200,000 to
						  $600,000...................................................................................
12,000
Over
						  $600,000........................................................................................................
15,000
(b)
			 For a buyer of livestock:
Annual Volume of Purchase
Amount of Bond
$1
-
$650,000....................................................................................
$5,000
650,001
-
730,000....................................................................................
6,000
730,001
-
1,040,000....................................................................................
8,000
1,040,001
-
1,300,000....................................................................................
10,000
1,300,001
-
1,560,000....................................................................................
12,000
1,560,001
-
1,820,000....................................................................................
14,000
1,820,001
-
2,080,000....................................................................................
16,000
2,080,001
-
2,340,000....................................................................................
18,000
2,340,001
-
2,600,000....................................................................................
20,000
2,600,001
-
2,860,000....................................................................................
22,000
2,860,001
-
3,120,000....................................................................................
24,000
3,120,001
-
3,380,000....................................................................................
26,000
3,380,001
-
3,900,000....................................................................................
30,000
3,900,001
-
4,450,000....................................................................................
35,000
4,450,001
-
5,200,000....................................................................................
40,000
5,200,001
-
6,500,000....................................................................................
50,000
6,500,001
-
13,000,000....................................................................................
55,000
13,000,001
-
19,500,000....................................................................................
60,000
19,500,001
-
26,000,000....................................................................................
65,000
26,000,001
-
32,500,000....................................................................................
70,000
32,500,001
-
39,000,000....................................................................................
75,000
39,000,001
-
45,500,000....................................................................................
80,000
45,500,001
-
52,000,000....................................................................................
85,000
52,000,001
-
53,500,000....................................................................................
90,000
53,500,001
-
65,000,000....................................................................................
95,000
65,000,001
-
71,500,000....................................................................................
100,000