Nevada Statutes
§ 78.640 — Property and privileges of insolvent corporation vest in appointed receiver
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 78 Private· INSOLVENCY; RECEIVERS AND TRUSTEES
All real and personal property of an insolvent corporation, wheresoever situated, and all its franchises, rights, privileges and effects shall, upon the appointment of a receiver, forthwith vest in the receiver, and the corporation shall be divested of the title thereto.
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Related
Frank Settelmeyer & Sons, Inc. v. Smith & Harmer, Ltd.
197 P.3d 1051 (Nevada Supreme Court, 2008)
Legislative History
[48:177:1925; NCL § 1647]
Nearby Sections
15
§ 78.010
Definitions; construction