2005 Nevada Revised Statutes - Chapter 32 — Receivers
NRS 32.010 Casesin which receiver may be appointed.
NRS 32.015 Additionalcases in which receiver may be appointed.
NRS 32.020 Reversionand disposition of unclaimed dividends in receivership.
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NRS
1. In an action by a vendor to vacate a fraudulentpurchase of property, or by a creditor to subject any property or fund to hisclaim, or between partners or others jointly owning or interested in anyproperty or fund, on application of the plaintiff, or of any party whose rightto or interest in the property or fund, or the proceeds thereof, is probable, andwhere it is shown that the property or fund is in danger of being lost, removedor materially injured.
2. In an action by a mortgagee for the foreclosure ofhis mortgage and sale of the mortgaged property, where it appears that themortgaged property is in danger of being lost, removed or materially injured,or that the condition of the mortgage has not been performed, and that theproperty is probably insufficient to discharge the mortgage debt.
3. After judgment, to carry the judgment into effect.
4. After judgment, to dispose of the propertyaccording to the judgment, or to preserve it during the pendency of an appeal,or in proceedings in aid of execution, when an execution has been returnedunsatisfied, or when the judgment debtor refuses to apply his property insatisfaction of the judgment.
5. In the cases when a corporation has been dissolved,or is insolvent, or in imminent danger of insolvency, or has forfeited itscorporate rights.
6. In all other cases where receivers have heretoforebeen appointed by the usages of the courts of equity.
[1911 CPA 251; RL 5193; NCL 8749]
NRS
1. In addition to the cases enumerated in
2. As used in this section, hazardous substance,release and secured lender have the meanings ascribed to them in
(Added to NRS by 1993, 151)
NRS
1. In any receivership proceeding instituted in whicha dividend has been declared and ordered paid to creditors, any dividend whichremains unclaimed for 3 years reverts to the general fund of the estate andmust be applied as follows:
(a) To the payment of costs and expenses of theadministration of the estate and receivership.
(b) To a new dividend distributed to creditors whoseclaims have been allowed but not paid in full. After those claims have beenpaid in full, the balance is presumed abandoned under
2. This section applies to any receivership proceedingwhich may be brought, and includes any bank, banking corporation, corporation,copartnership, company, association or natural person.
[1:34:1929; NCL 9422]+[2:34:1929; NCL 9423](NRSA 1979, 1760; 1983, 1476; 1987, 754;
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