1. The expiration, before or after October 1, 2007, of a period of limitation on the owner’s right to receive or recover property, whether specified by contract, statute or court order, does not preclude the property from being presumed abandoned or affect a duty to file a report or to pay or deliver or transfer property to the Administrator as required by this chapter.
2. An action or proceeding may not be maintained by the Administrator to enforce this chapter in regard to the reporting, delivery or payment of property more than 7 years after the holder specifically identified the property in a report filed with the Administrator or gave express notice to the Administrator of a dispute regarding the property. In the absence of such a report or other express notice, the period of limitation is tolled. The period of limitation is also tolled by the filing of a report that is fraudulent.
(Added to NRS by 2007, 764; A 2009, 2652)
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.