Nevada § 143.160 Costs; disposal of property recovered; proceeds

Nevada Statutes

§ 143.160 — Costs; disposal of property recovered; proceeds

Nevada § 143.160

Title 12WILLS AND ESTATES OF DECEASED PERSONS

Ch. 143Powers

ADMINISTRATION OF ESTATES GENERALLY

This text of Nevada § 143.160 (Costs; disposal of property recovered; proceeds) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 143.160 (2026).

Text

1. A personal representative is not bound to maintain an action for the estate, pursuant to NRS 143.150 , for the benefit of the creditors, unless a creditor of the decedent:

(a)Files a petition; and

(b)Pays the costs and expense of the litigation or gives such security as the court directs. 2. All real property so recovered must be sold for the payment of debts in the same manner as prescribed in this title for sales of real property by personal representatives. 3. The proceeds of all goods, chattels, rights or credits so received, after reimbursement of costs and expenses of litigation advanced by the creditor, must be applied in payment of debts in the same manner as other personal property in the hands of a personal representative.

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1. A personal representative is not bound to maintain an action for the estate, pursuant to NRS 143.150 , for the benefit of the creditors, unless a creditor of the decedent:
(a) Files a petition; and
(b) Pays the costs and expense of the litigation or gives such security as the court directs.
2. All real property so recovered must be sold for the payment of debts in the same manner as prescribed in this title for sales of real property by personal representatives.
3. The proceeds of all goods, chattels, rights or credits so received, after reimbursement of costs and expenses of litigation advanced by the creditor, must be applied in payment of debts in the same manner as other personal property in the hands of a personal representative.