1. The trustee designated by the court to receive assets pursuant to NRS 125B.210 shall return any assets to the obligor-parent when:
(a) The obligor-parent has given the trustee notice to return assets;
(b) All payments in arrears have been paid in full; and
(c) The obligor-parent has made, in a timely manner, all payments of support ordered for the 12 months immediately preceding the date notice was given to the trustee.
2. If the deposited assets include real property, upon the satisfaction of the requirements of subsection 1, the trustee shall prepare a release and record it in the office of the county recorder.
3. If the deposited assets include personal property or fixtures including goods, documents, instruments, general intangibles, chattel paper or accounts, the trustee shall, upon the satisfaction of the requirements of subsection 1, prepare a termination statement and file it in accordance with NRS 104.9513.
4. If the deposited assets include a vehicle registered with the Department of Motor Vehicles, the trustee shall, upon the satisfaction of the requirements of subsection 1, deliver the certificate of title to the obligor-parent in accordance with NRS 482.431.
(Added to NRS by 1989, 858; A 1999, 392; 2001, 2565; 2003, 180, 476)
Structure Nevada Revised Statutes
Chapter 125B - Obligation of Support
NRS 125B.004 - "Court" defined.
NRS 125B.008 - "State" defined.
NRS 125B.010 - Applicability of chapter.
NRS 125B.012 - Applicability of chapter 130 of NRS.
NRS 125B.020 - Obligation of parents.
NRS 125B.030 - Recovery by parent with physical custody from other parent.
NRS 125B.040 - Recovery by person other than parent.
NRS 125B.050 - Period of limitations.
NRS 125B.080 - Amount of payment: Determination.
NRS 125B.090 - Manner of payment for judgment or order issued by court in Nevada.
NRS 125B.100 - Payment of arrearages for emancipated child.
NRS 125B.110 - Support of child with handicap beyond age of majority.
NRS 125B.120 - Discharge of parent’s obligation.
NRS 125B.130 - Liability of parent’s estate.
NRS 125B.135 - Cause of action subsequent to issuance of order: Notice and service of process.
NRS 125B.140 - Enforcement of order for support.
NRS 125B.170 - Disclosure of information by enforcing authority; regulations.
NRS 125B.180 - Concurrence of remedies.
NRS 125B.240 - Limitations upon issuance of order for deposit of assets.
NRS 125B.250 - Assets subject to order for deposit; use of performance bond in lieu of other assets.
NRS 125B.260 - Ex parte order restraining disposition of property during pendency of proceedings.
NRS 125B.270 - Limitation on liability of trustee.
NRS 125B.290 - Statement of disbursements and receipts.
NRS 125B.300 - Recovery of unreimbursed fees and costs of trustee.