Nev. Rev. Stat. § 32.270

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 32.270 - Adoption of rules governing ethics of receivers
1. The Supreme Court shall adopt rules:
(a) Governing the ethics and independence of receivers; and
(b) Preventing self-dealing by a receiver.
2. As used in this section, "self-dealing" means any direct or indirect:
(a) Sale, exchange or leasing of property between a receivership and the receiver;
(b) Lending of money or other extension of credit between a receivership and the receiver;
(c) Furnishing of goods, services or facilities between a receivership and the receiver;
(d) Payment of compensation, or payment or reimbursement of expenses, by a receivership to the receiver; or
(e) Transfer to, or use by or for the benefit of, a receiver of the income or assets of the receivership.

NRS 32.270

Added to NRS by 2017, 1225
Added by 2017, Ch. 232,§30.5, eff. 10/1/2017.