Nevada § 362.115 - Annual statement of estimated gross yield, net proceeds and royalties; use of statement
Full text of Nevada Nevada Revised Statutes § 362.115 — Annual statement of estimated gross yield, net proceeds and royalties; use of statement, with citation guidance and answers to common questions.
§ 362.115. Annual statement of estimated gross yield, net proceeds and royalties; use of statement
1. In addition to the statement required by subsection 1 of NRS 362.110 , each person extracting any mineral in this State shall, on or before March 1 of
each year, file with the Department a statement showing the estimated gross yield
and estimated net proceeds from each such operation for the entire current calendar
year and an estimate of all royalties that will be paid during the current calendar
year. 2. The Department shall: (a) Use the statement filed pursuant to subsection 1 only to prepare estimates for
use by local governments in the preparation of their budgets; and (b) Submit those estimates to the local governments on or before March 15 of each
year.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 362.115
What does Nevada Revised Statutes § 362.115 cover?
Section 362.115 ("Annual statement of estimated gross yield, net proceeds and royalties; use of statement") 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 § 362.115?
A common citation format is "Nevada Revised Statutes § 362.115" (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 § 362.115 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.