1. Subject to the provisions of subsection 2, in all assignments of property, whether real or personal, which shall hereafter be made by any person or chartered company or corporation, or by any person or persons, owning or leasing real or personal property, to trustees or assignees on account of inability at the time of the assignment to pay his, her or their debts, the wages of the miners, mechanics, salespersons, servants, clerks or laborers, employed by such person or persons, chartered company or corporation shall be held and deemed preferred claims, and paid by such trustees or assignees before any other creditor or creditors of the assignor, including the State as a creditor for amounts due under the provisions of chapter 372 of NRS.
2. The claims of each miner, mechanic, salesperson, servant, clerk or laborer thus preferred, shall not exceed in value $600, and the services shall have been rendered or labor performed within 90 days next preceding the assignment.
[1911 CPA § 551; A 1953, 48]—(NRS A 1960, 153)
Structure Nevada Revised Statutes
Chapter 100 - Special Relations of Debtor and Creditor; Suretyship
NRS 100.010 - Assignment for creditors.
NRS 100.030 - NRS 100.010 and 100.020 not to affect prior liens.
NRS 100.040 - Requiring resort to different funds.
NRS 100.050 - Order of resort to different funds.
NRS 100.060 - Agreements between principals and sureties for joint control of assets.
NRS 100.075 - Creditor’s rights transferable without consent of debtor.
NRS 100.085 - Deposits in names of two or more persons.
NRS 100.105 - Disclosures required before lease consummated.
NRS 100.115 - Liability of lessor for failure to disclose.
NRS 100.125 - Reasonableness of estimated residual value of vehicle.
NRS 100.135 - Appraisal of vehicle when lease terminates or expires.
NRS 100.137 - Enforceability of default by lessee.
NRS 100.139 - Requirements of lease agreement for used vehicles; disclosures.
NRS 100.141 - Single document required; format requirements.
NRS 100.143 - Blank space for essential provisions prohibited.
NRS 100.155 - Notice of lessor’s intention to establish residual value of vehicle.
NRS 100.165 - Lessee’s right to submit bid for purchase of vehicle; effect of lessee’s bid.
NRS 100.175 - Penalty on lessor for failure to comply with NRS 100.145 to 100.165, inclusive.
NRS 100.220 - Effect of securitization transaction on property, assets and rights of transferor.