Nevada § 609.450 “Net earnings” defined

Nevada Statutes

§ 609.450 — “Net earnings” defined

Nevada § 609.450

Title 53LABOR AND INDUSTRIAL RELATIONS

Ch. 609Employment

CONTRACTS FOR CREATIVE OR ATHLETIC SERVICES

This text of Nevada § 609.450 (“Net earnings” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 609.450 (2026).

Text

“Net earnings” means the gross earnings received for services rendered by a minor during the term of a contract, less:

1.All sums required by law to be paid as taxes to any federal, state or local government with respect to or by reason of such earnings;

2.Reasonable sums to be expended for the support, care, education, training and professional management of the minor; and

3.Reasonable fees and expenses to be paid in connection with the contract and its performance.

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“Net earnings” means the gross earnings received for services rendered by a minor during the term of a contract, less:
1. All sums required by law to be paid as taxes to any federal, state or local government with respect to or by reason of such earnings;
2. Reasonable sums to be expended for the support, care, education, training and professional management of the minor; and
3. Reasonable fees and expenses to be paid in connection with the contract and its performance.