Nevada § 362.110 - Annual statement of gross yield and claimed net proceeds; annual list of lessees
Full text of Nevada Nevada Revised Statutes § 362.110 — Annual statement of gross yield and claimed net proceeds; annual list of lessees, with citation guidance and answers to common questions.
§ 362.110. Annual statement of gross yield and claimed net proceeds; annual list of lessees
1. Every person extracting any mineral in this State or receiving any royalty: (a) Shall, on or before February 16 of each year, file with the Department a statement
showing the gross yield and claimed net proceeds from each geographically separate
operation where a mineral is extracted by that person during the calendar year immediately
preceding the year in which the statement is filed. (b) May have up to 30 days after filing the statement required by paragraph (a) to
file an amended statement. 2. The statement must: (a) Show the claimed deductions from the gross yield in the detail set forth in NRS 362.120 . The deductions are limited to the costs incurred during the calendar year immediately
preceding the year in which the statement is filed. (b) Be in the form prescribed by the Department. (c) Be verified by the manager, superintendent, secretary or treasurer of the corporation,
or by the owner of the operation, or, if the owner is a natural person, by someone
authorized in his or her behalf. 3. Each recipient of a royalty as described in subsection 1 shall annually file with
the Department a list showing each of the lessees responsible for taxes due in connection
with the operation or operations included in the statement filed pursuant to subsections
1 and 2.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 362.110
What does Nevada Revised Statutes § 362.110 cover?
Section 362.110 ("Annual statement of gross yield and claimed net proceeds; annual list of lessees") 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 § 362.110?
A common citation format is "Nevada Revised Statutes § 362.110" (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 § 362.110 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.