1. After property has been paid or delivered to the Administrator under this chapter, another state may recover the property if:
(a) The property was paid or delivered to the custody of this State because the records of the holder did not reflect a last known location of the apparent owner within the borders of the other state and the other state establishes that the apparent owner or other person entitled to the property was last known to be located within the borders of that state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state;
(b) The property was paid or delivered to the custody of this State because the laws of the other state did not provide for the escheat or custodial taking of the property and under the laws of that state subsequently enacted the property has escheated or become subject to a claim of abandonment by that state;
(c) The records of the holder were erroneous in that they did not accurately identify the owner of the property and the last known location of the owner within the borders of another state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state;
(d) The property was subjected to custody by this State under paragraph (f) of subsection 1 of NRS 120A.530, and under the laws of the state of domicile of the holder the property has escheated or become subject to a claim of abandonment by that state; or
(e) The property is a sum payable on a traveler’s check, money order or similar instrument that was purchased in the other state and delivered into the custody of this State under paragraph (g) of subsection 1 of NRS 120A.530, and under the laws of the other state the property has escheated or become subject to a claim of abandonment by that state.
2. A claim of another state to recover escheated or abandoned property must be presented in a form prescribed by the Administrator, who shall decide the claim within 90 days after it is presented. The Administrator shall allow the claim upon determining that the other state is entitled to the abandoned property under subsection 1.
3. The Administrator shall require another state, before recovering property under this section, to agree to indemnify this State and its officers and employees against any liability on a claim to the property.
(Added to NRS by 2007, 762; A 2021, 83)
Structure Nevada Revised Statutes
Chapter 120A - Unclaimed Property (Uniform Act)
NRS 120A.025 - "Administrator" defined.
NRS 120A.027 - "Apparent owner" defined.
NRS 120A.040 - "Business association" defined.
NRS 120A.051 - "Domicile" defined.
NRS 120A.070 - "Financial organization" defined.
NRS 120A.075 - "Game-related digital content" defined.
NRS 120A.080 - "Holder" defined.
NRS 120A.090 - "Insurance company" defined.
NRS 120A.096 - "Mineral" defined.
NRS 120A.097 - "Mineral proceeds" defined.
NRS 120A.098 - "Money order" defined.
NRS 120A.100 - "Owner" defined.
NRS 120A.105 - "Payroll card" defined.
NRS 120A.110 - "Person" defined.
NRS 120A.113 - "Property" defined.
NRS 120A.115 - "Record" defined.
NRS 120A.118 - "State" defined.
NRS 120A.119 - "Stored-value card" defined.
NRS 120A.120 - "Utility" defined.
NRS 120A.122 - "Virtual currency" defined.
NRS 120A.140 - Administration of chapter; regulations.
NRS 120A.145 - Information to remain confidential.
NRS 120A.500 - Presumption of abandonment.
NRS 120A.510 - Contents of safe-deposit box or other safekeeping depository.
NRS 120A.520 - Value remaining on gift certificate.
NRS 120A.525 - United States savings bonds.
NRS 120A.530 - Rules for taking custody.
NRS 120A.540 - Dormancy charge.
NRS 120A.550 - Burden of proof as to property evidenced by record of check or draft.
NRS 120A.560 - Report of abandoned property.
NRS 120A.570 - Payment or delivery of abandoned property.
NRS 120A.590 - Custody by State; recovery by holder; defense of holder.
NRS 120A.600 - Crediting of dividends and increments to account of owner.
NRS 120A.630 - Claim of another state to recover property.
NRS 120A.645 - Donation to State for educational purposes.
NRS 120A.650 - Action to establish claim.
NRS 120A.660 - Election to take payment or delivery.
NRS 120A.680 - Periods of limitation.
NRS 120A.690 - Requests for reports and examination of records.
NRS 120A.700 - Retention of records.
NRS 120A.715 - Intrastate agreements and cooperation.
NRS 120A.725 - Payment or delivery of property without claim.
NRS 120A.730 - Interest and penalties.
NRS 120A.733 - Fraudulent claims; penalty.
NRS 120A.737 - False statements; penalty.