Current through June 11, 2024
Section 561.020 - "Agricultural debt" defined"Agricultural debt" means money a borrower owes to a creditor which is secured by:
1. Personal property used in or relating to the operation of a farm or ranch; or2. A parcel of land which is: (b) Not located in an incorporated city, including Carson City; and(c) Used in farming or ranching operations by the owner or operator during the 3 years immediately preceding a request for mediation.The term includes a debt secured by wasteland lying within or contiguous to and in common ownership with a parcel of land described in this subsection.
Nev. Admin. Code § 561.020
Added to NAC by Dep't of Agriculture, eff. 10-30-90