HSBC Bank, USA, National Association v. SFR Investments Pool 1, LLC et al

Filing 18

ORDER granting 16 Motion for Demand for Security of Costs. The CLERK OF COURT is directed to accept the deposit of $500.00 from plaintiff under NRS 18.130. IT IS FURTHER ORDERED that this case is stayed by operation of NRS 18.130(1) until the $500 is deposited. Signed by Judge Jennifer A. Dorsey on 7/27/2017. (Copies have been distributed pursuant to the NEF - DC)

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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HSBC Bank, USA, National Association,

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2:17-cv-01512-JAD-VCF

Plaintiff
Order Directing Clerk of Court to Accept
Security of Costs Under NRS 18.130

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v.

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SFR Investments Pool 1, LLC, et al,

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[ECF No. 16]

Defendants

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SFR Investments Pool 1, LLC demanded that Plaintiff HSBC, USA, National

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Association, an out-of-state resident, post a cost bond under NRS 18.130(1).1 The statute allows

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a defendant in an action brought by an out-of-state plaintiff to demand that the plaintiff post a

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bond to secure costs up to $500.2 Once the demand is filed and served, “all proceedings in the

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action shall be stayed” until the cost bond is deposited.3 If the bond is not posted within 30 days

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of the demand, the defendant may move for dismissal.4
Because a court order is required in this district for the Clerk of Court to permit the

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posting of a cost bond, the demand is tracked as a motion in the court’s system. Accordingly,

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with good cause appearing, IT IS HEREBY ORDERED that SFR’s Demand for Security of

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Costs [ECF No. 16] is GRANTED; the CLERK OF COURT is directed to accept the

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deposit of $500.00 from plaintiff under NRS 18.130 as security for costs and charges that may

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be awarded against this plaintiff in the event that the cost bond is presented for deposit. Plaintiff

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must bring a copy of this order to the Clerk’s office when making this deposit. IT IS FURTHER

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ECF No. 16.

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Nev. Rev. Stat. 18.130(1).

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Id.

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Nev. Rev. Stat. 18.130(4).

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ORDERED that this case is stayed by operation of NRS 18.130(1) until the $500 is deposited.
DATED: July 27, 2017

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________________________________
Jennifer A. Dorsey
United States District Judge

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