“Principal,” as pertaining to a surety bond, means the debtor of the lien claimant or a party in interest in the property subject to the lien whose name and signature appear as principal on a surety bond.
NRS 108.22168
“Principal” defined
Known as the Uniform Federal Lien Registration Act
The act spans §§ 108.221 to 108.896 (195 sections).
(Added to NRS by 2003, 2589)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.