1. The Director of the State Department of Conservation and Natural Resources shall issue a receipt to the petitioner for the amount deposited in his or her trust and shall without any unnecessary delay cause notice of the petition to be given in the following manner:
(a) By posting one of the notices in a conspicuous place in the office of the Director of the State Department of Conservation and Natural Resources.
(b) By posting one of the notices at a conspicuous place at the property.
(c) By publishing a notice in a newspaper in the county in which the real property is located at least once each week for 4 consecutive weeks prior to the date of sale.
2. The notice must contain:
(a) The name of the deceased owner in which was vested the title before death, if known.
(b) A description of the property as contained in the petition.
(c) The amount of the offer contained in the petition.
(d) A statement that the property will be sold to the highest bidder, specifying the time and place of the sale and that the transaction must be handled in legal tender of the United States or a certified check.
3. The Director of the State Department of Conservation and Natural Resources may reject any or all bids.
[4:55:1941; 1931 NCL § 7530.04]—(NRS A 1999, 2357)
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.