NRS362.110. Annual statement of gross yield, claimed net proceeds and royalties. [Effective November 25, 2014, and through June 30, 2015, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.]

      1.  Each person who engages in mineral extraction:

      (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 extractive operation and all royalties paid by each extractive operation 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.

      [2:77:1927; A 1929, 120; NCL § 6579]—(NRS A 1971, 562; 1973, 1293; 1975, 1675; 1979, 819; 1983, 878; 1989, 35; 1995, 40; 1999, 732; 2001, 661; 2005, 296; 2008, 25th Special Session, 15; 2011, 2896; 2013, 3122, 3425, effective November 25, 2014, and through June 30, 2015, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election)