Nev. Rev. Stat. § 120A.660

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 120A.660 - Election to decline to receive property; election to receive property before presumed abandonment

The Administrator may:

1. Decline to receive property reported under this chapter which the Administrator considers to have a value less than the expenses of notice and sale; and

2. Receive property reported and delivered by a holder before the property is presumed abandoned if the Administrator determines that receipt of such property is in the best interests of the State.

NRS 120A.660

Added to NRS by 2007, 764; A 2021, 85; 2023, 1061

Amended by 2023, Ch. 179,§12, eff. 7/1/2023.

Amended by 2021, Ch. 20,§12, eff. 10/1/2021.

Added to NRS by 2007, 764