Except for the purposes of paying taxes, assessments, liens, insurance premiums, allowing claims for debts contracted by the missing person before his or her disappearance or to prevent the depreciation of property on account of neglect or waste, or to specifically perform contracts made by the missing person before his or her disappearance, no sale, mortgage or other disposition or distribution of the property of such person shall be made until the lapse of 1 year after the appointment and qualification of the executor or administrator.
(Added to NRS by 1959, 507)
Structure Nevada Revised Statutes
Chapter 156 - Administration of Estates of Missing Persons
NRS 156.020 - Notice of hearing: Publication by clerk; court may direct further notice.
NRS 156.030 - Hearing; appointment of trustee.
NRS 156.040 - Who may be appointed trustee.
NRS 156.050 - Bond of trustee.
NRS 156.060 - Trustee’s powers and duties; payments for family expenses or support.
NRS 156.070 - Accountings by trustee; removal and appointment of another trustee.
NRS 156.080 - Sale or mortgage of property: Filing of petition by trustee; notice of hearing.
NRS 156.100 - Accounting if missing person returns.
NRS 156.120 - Person deemed missing after 3 years; administration of property; procedure.
NRS 156.130 - Jurisdiction of proceedings; residence of absentee; entitlement of proceedings.
NRS 156.150 - Manner of giving notice of hearing.
NRS 156.170 - No sale, mortgage or distribution of property for 1 year; exceptions.
NRS 156.180 - Distribution of property to heirs and devisees: Time; bond of distributee; conditions.
NRS 156.200 - Order vacating proceedings; exceptions; delivery of residue to claimant.
NRS 156.220 - Final distribution; conclusive presumption of death.
NRS 156.230 - Distribution without bond if absence exceeds 5 years.
NRS 156.240 - Limitation of actions.
NRS 156.250 - Powers and duties of administrators and executors.
NRS 156.260 - Applicability of NRS 156.120 to 156.260, inclusive.