Nevada § 396.432 Disposition of unclaimed property

Nevada Statutes

§ 396.432 — Disposition of unclaimed property

Nevada § 396.432

Title 34EDUCATION

Ch. 396Nevada

PROPERTY; CAPITAL IMPROVEMENTS; EQUIPMENT; MATERIALS AND SUPPLIES

This text of Nevada § 396.432 (Disposition of unclaimed property) 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. § 396.432 (2026).

Text

Any property which is in the possession of any authorized agent of the System and which is not claimed within 1 year by the owner of the property or the owner’s authorized agent or representative must be disposed of by the System in the following manner:

1.Money may be forfeited to the System;

2.Personal property may be sold at public auction and the proceeds forfeited to the System; and

3.Any property not otherwise disposed of as provided in this section must be donated to a charitable institution.

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Any property which is in the possession of any authorized agent of the System and which is not claimed within 1 year by the owner of the property or the owner’s authorized agent or representative must be disposed of by the System in the following manner:
1. Money may be forfeited to the System;
2. Personal property may be sold at public auction and the proceeds forfeited to the System; and
3. Any property not otherwise disposed of as provided in this section must be donated to a charitable institution.