Nevada § 338.520 - Payment of outstanding balance upon occupancy, use or recording of notice of completion
Full text of Nevada Nevada Revised Statutes § 338.520 — Payment of outstanding balance upon occupancy, use or recording of notice of completion, with citation guidance and answers to common questions.
§ 338.520. Payment of outstanding balance upon occupancy, use or recording of notice of completion
Except with respect to any payment withheld pursuant to NRS 338.525 , if: 1. A public body or a person acting with the authority of the public body occupies
or begins use of a public work or a portion of a public work; 2. A notice of completion for a public work or a portion of a public work is recorded
as provided in NRS 108.228 ; or 3. A public body partially occupies one or more buildings of a public work, the public body shall pay or cause to be paid to the contractor any outstanding payment
due, including, without limitation, retainage, and any interest accrued thereon within
30 days after whichever event described in subsection 1, 2 or 3 occurs first. The amount paid must be in the proportion that the value of the portion of the public
work which is used or occupied bears to the total value of the public work.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 338.520
What does Nevada Revised Statutes § 338.520 cover?
Section 338.520 ("Payment of outstanding balance upon occupancy, use or recording of notice of completion") 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 § 338.520?
A common citation format is "Nevada Revised Statutes § 338.520" (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 § 338.520 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.