Nevada § 598.506 - Rights and remedies of injured consumers; resolution by Unit of claims against security; regulations
Full text of Nevada Nevada Revised Statutes § 598.506 — Rights and remedies of injured consumers; resolution by Unit of claims against security; regulations, with citation guidance and answers to common questions.
§ 598.506. Rights and remedies of injured consumers; resolution by Unit of claims against security; regulations
1. The security required to be deposited by a tour broker or tour operator pursuant
to NRS 598.495 must be held in trust for consumers injured by: (a) The bankruptcy of the tour broker or tour operator; or (b) The tour broker's or tour operator's breach of any agreement entered into in his
or her capacity as a tour broker or tour operator. 2. A consumer so injured may bring and maintain an action in any court of competent
jurisdiction to recover against the security. 3. The Unit may bring an action for interpleader against all claimants upon the security. If the Unit brings such an action, the Unit shall publish notice of the action at
least once each week for 2 weeks in a newspaper of general circulation in the county
in which the tour broker or tour operator has its principal place of business. The Unit may deduct its costs of the action, including, without limitation, the
costs of the publication of the notice, from the amount of the security. All claims against the security have equal priority. If the security is insufficient to pay all the claims in full, the claims must be
paid pro rata. If the tour broker or tour operator has posted a bond with the Unit, the surety is
then relieved of all liability under the bond. 4. The Unit may, in lieu of bringing an action for interpleader pursuant to subsection
3, conduct a hearing to determine the distribution of the security to claimants. The Unit shall adopt regulations to provide for adequate notice and the conduct
of the hearing. If the tour broker or tour operator has posted a bond with the Unit, distribution
pursuant to this subsection relieves the surety of all liability under the bond.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 598.506
What does Nevada Revised Statutes § 598.506 cover?
Section 598.506 ("Rights and remedies of injured consumers; resolution by Unit of claims against security; regulations") 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 § 598.506?
A common citation format is "Nevada Revised Statutes § 598.506" (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 § 598.506 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.