Nevada § 324.200 - Payment not required until water available, bond deposited or guarantees made
Full text of Nevada Nevada Revised Statutes § 324.200 — Payment not required until water available, bond deposited or guarantees made, with citation guidance and answers to common questions.
§ 324.200. Payment not required until water available, bond deposited or guarantees made
1. A person, association, company or corporation contracting with the State under
the provisions of this chapter, or their assigns, shall not require any advance payment
of any settler or prospective settler prior to the time when water for the irrigation
of his or her entry or allotment is actually available, unless a satisfactory bond
in such sum as the Division requires is deposited with the Division, conditioned on
the return to the settler, with interest at 6 percent per annum, of all payments so
made, if water for the irrigation of his or her entry or allotment is not available
at the time stipulated in the agreement with the settler. 2. In lieu of a bond as provided in subsection 1, the Division may authorize advance
sales to be made by or through the agency of a bank or trust company furnishing satisfactory
assurances and guarantees that if the project is not consummated to deliver water
for the irrigation of such settler's entry or allotment within the time specified,
such payments with interest shall be returned to the settler.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 324.200
What does Nevada Revised Statutes § 324.200 cover?
Section 324.200 ("Payment not required until water available, bond deposited or guarantees made") 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 § 324.200?
A common citation format is "Nevada Revised Statutes § 324.200" (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 § 324.200 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.