Nevada § 125B.250 - Assets subject to order for deposit; use of performance bond in lieu of other assets
Full text of Nevada Nevada Revised Statutes § 125B.250 — Assets subject to order for deposit; use of performance bond in lieu of other assets, with citation guidance and answers to common questions.
§ 125B.250. Assets subject to order for deposit; use of performance bond in lieu of other assets
1. In determining which assets of the obligor-parent are to be subject to an order
issued pursuant to NRS 125B.210 , the court shall give priority to cash, then to other assets which have maximum liquidity
and are readily convertible into cash. In all instances, the deposited assets must: (a) Not be exempt by law from execution; and (b) Whenever possible, be equal in value to not less than the amount of current arrearages
of the obligor-parent and the amount of the annual amount of support ordered. 2. In lieu of depositing money or other assets as provided in subsection 1, the obligor-parent
may, upon approval of the court, provide a performance bond secured by any real property
or other assets of the obligor-parent and equal in value to the annual amount of support
ordered and the amount of current arrearages.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 125B.250
What does Nevada Revised Statutes § 125B.250 cover?
Section 125B.250 ("Assets subject to order for deposit; use of performance bond in lieu of other assets") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 125B.250?
A common citation format is "Nevada Revised Statutes § 125B.250" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 125B.250 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.