Nevada Statutes

§ 78.705 — Compensation, costs and expenses of receiver

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 78 Private· INSOLVENCY; RECEIVERS AND TRUSTEES
Before distribution of the assets of an insolvent corporation among the creditors or stockholders, the district court shall allow a reasonable compensation to the receiver for his or her services and the costs and expenses of the administration of the trust, and the cost of the proceedings in the court, to be first paid out of the assets.

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Legislative History

[61:177:1925; NCL § 1660]

Nearby Sections

15
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