517.460 - Sale of mine or claim not subject to prospecting permit: Order for and notice of sale; conveyance to purchaser; disposition of proceeds. - Nevada Statutes

517.460  Sale of mine or claim not subject to prospecting permit: Order for and notice of sale; conveyance to purchaser; disposition of proceeds.

      1.  Upon receipt of an affidavit and petition as required by NRS 517.450, the board of county commissioners, by an order appearing in its minutes, shall direct the county treasurer to sell the patented mine or mining claim described in the affidavit and petition, after giving notice of the sale, for a total amount not less than the amount of the taxes, costs, penalties and interest legally chargeable against the mine or claim so stated in the order.

      2.  Notice of the sale must be posted in at least three public places, including one at the courthouse and one on each claim, for a period of not less than 20 days before the day of sale or, in lieu of such posting, by publication of such notice for a like period in some newspaper published within the county, if the board of county commissioners by its order so directs.

      3.  Upon compliance with the order the county treasurer shall make, execute and deliver to any purchaser, upon payment to the county treasurer of a consideration not less than that specified in the order, a deed conveying the title of the county to the mine or claim.

      4.  All moneys received from the sale of such patented mines or mining claims must be credited to the county’s general fund.

      (Added to NRS by 1971, 77; A 1989, 51)