1. After the filing of an information as provided in NRS 154.020, and upon petition of the Attorney General, either before or after answer, upon notice to the person or persons holding, possessing or claiming the property, if known, the court may, on sufficient cause therefor being shown, appoint a receiver to take charge of the real estate or personal property, other than money, mentioned in the information, and receive the rents and profits of the property until the title of the property is finally settled.
2. The receiver shall, before entering upon his or her duties, execute a bond to the State of Nevada in a sum to be fixed by the court, with sureties to be approved by the court, conditioned to perform faithfully the duties of the trust and to account fully to the person finally determined to be entitled to the property. That person may maintain an action on the bond for any default or damage.
[316:107:1941; 1931 NCL § 9882.316]—(NRS A 1999, 2354)
Structure Nevada Revised Statutes
NRS 154.010 - When estates escheat; escheated estates must be used for educational purposes.
NRS 154.020 - Information filed by Attorney General: Contents.
NRS 154.030 - Citation: Issuance; publication.
NRS 154.060 - Claimants may appear and plead to information.
NRS 154.070 - Judgment and costs.
NRS 154.080 - Sale of real property after judgment: Procedure.
NRS 154.100 - Appeal from judgment.
NRS 154.105 - Sale of escheated property; deposit of proceeds.
NRS 154.110 - Duties of Director of State Department of Conservation and Natural Resources.
NRS 154.115 - Duties of State Controller.
NRS 154.120 - Proceedings for recovery of property.
NRS 154.130 - Person furnishing information entitled to percentage of value of recovered property.
NRS 154.140 - Deposit of money from escheated estates.
NRS 154.150 - Petition to acquire title to escheated property.
NRS 154.160 - Petition to be accompanied by purchase price and fees.
NRS 154.170 - Notice of sale: Posting, publication and contents; rejection of bids.