The trustees shall:
1. Prosecute to final judgment and defend all suits instituted by or against the corporation.
2. Collect all money due the same.
3. Liquidate all lawful demands against the same, and for that purpose shall sell and convey any property belonging to such corporation, or so much thereof as may be necessary.
4. Generally, do all acts required to bring to a speedy close all of the affairs of the corporation.
5. Make a report of their proceedings to the board of county commissioners at each session of the board.
[5:30:1865; B § 3916; BH § 2083; C § 2233; RL § 971; NCL § 1227]
Structure Nevada Revised Statutes
Chapter 265 - Incorporation and Disincorporation of Cities and Towns
NRS 265.010 - Requirement of more than 1,000 inhabitants for incorporation.
NRS 265.030 - Disincorporation to follow general election.
NRS 265.040 - Disincorporation to be automatic.
NRS 265.050 - Duties of county commissioners on disincorporation; establishment of special district.
NRS 265.060 - Disposition of records; justice of peace to complete all unfinished business of court.
NRS 265.070 - Expenses of disincorporation; salaries of officers whose offices are abolished.
NRS 265.080 - Disincorporated cities lose all corporate existence.
NRS 265.100 - Provisions mandatory.
NRS 265.120 - Dissolution not to invalidate or affect rights, penalties or contracts.
NRS 265.130 - Appointment of trustees by county commissioners.
NRS 265.140 - Trustees: Oath and bond.
NRS 265.150 - Trustees: Duties.
NRS 265.160 - Trustees: Payment of money; final settlement; compensation.
NRS 265.170 - Annual revenues to be disposed of for benefit of city or town.
NRS 265.180 - Limitation on use of money by county commissioners.