Nevada Statutes

§ 86.5413 — Property and privileges of insolvent company vest in appointed receiver

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 86 Limited-Liability· INSOLVENCY; RECEIVERS AND TRUSTEES
All real and personal property of an insolvent limited-liability company, wheresoever situated, and all its franchises, rights, privileges and effects shall, upon the appointment of a receiver, forthwith vest in the receiver, and the company shall be divested of the title thereto.

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Legislative History

(Added to NRS by 2019, 2492 )

Nearby Sections

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