1. An owner shall:
(a) Assist and cooperate with the receiver in the administration of the receivership and the discharge of the receiver’s duties;
(b) Preserve and turn over to the receiver all receivership property in the owner’s possession, custody or control;
(c) Identify all records and other information relating to the receivership property, including a password, authorization or other information needed to obtain or maintain access to or control of the receivership property, and make available to the receiver the records and information in the owner’s possession, custody or control;
(d) On subpoena, submit to examination under oath by the receiver concerning the acts, conduct, property, liabilities and financial condition of the owner or any matter relating to the receivership property or the receivership; and
(e) Perform any duty imposed by court order, NRS 32.100 to 32.370, inclusive, or law of this State other than NRS 32.100 to 32.370, inclusive.
2. If an owner is a person other than an individual, this section applies to each officer, director, manager, member, partner, trustee or other person exercising or having the power to exercise control over the affairs of the owner.
3. If a person knowingly fails to perform a duty imposed by this section, the court may:
(a) Award the receiver actual damages caused by the person’s failure, reasonable attorney’s fees and costs; and
(b) Sanction the failure as civil contempt.
(Added to NRS by 2017, 1228)
Structure Nevada Revised Statutes
NRS 32.010 - Cases in which receiver may be appointed.
NRS 32.015 - Additional cases in which receiver may be appointed.
NRS 32.020 - Reversion and disposition of unclaimed dividends in receivership.
NRS 32.110 - "Affiliate" defined.
NRS 32.115 - "Companion" defined.
NRS 32.125 - "Executory contract" defined.
NRS 32.130 - "Governmental unit" defined.
NRS 32.140 - "Mortgage" defined.
NRS 32.145 - "Mortgagee" defined.
NRS 32.150 - "Mortgagor" defined.
NRS 32.160 - "Person" defined.
NRS 32.165 - "Proceeds" defined.
NRS 32.170 - "Property" defined.
NRS 32.175 - "Receiver" defined.
NRS 32.180 - "Receivership" defined.
NRS 32.185 - "Receivership property" defined.
NRS 32.190 - "Record" defined.
NRS 32.200 - "Secured obligation" defined.
NRS 32.205 - "Security agreement" defined.
NRS 32.220 - Scope; exclusions.
NRS 32.250 - Notice and opportunity for hearing.
NRS 32.260 - Appointment of receiver.
NRS 32.265 - Disqualification from appointment as receiver; disclosure of interest.
NRS 32.270 - Adoption of rules governing ethics of receivers.
NRS 32.275 - Receiver’s bond; alternative security.
NRS 32.280 - Status of receiver as lien creditor.
NRS 32.285 - Security agreement covering property acquired after appointment of receiver.
NRS 32.290 - Collection and turnover of receivership property.
NRS 32.295 - Powers and duties of receiver.
NRS 32.305 - Stay; injunction.
NRS 32.310 - Engagement and compensation of professional.
NRS 32.315 - Use or transfer of receivership property not in ordinary course of business.
NRS 32.320 - Executory contract.
NRS 32.325 - Defenses and immunities of receiver.
NRS 32.330 - Interim report of receiver.
NRS 32.335 - Notice of appointment; claim against receivership; distribution to creditors.
NRS 32.340 - Fees and expenses.
NRS 32.345 - Removal of receiver; replacement; termination of receivership.
NRS 32.350 - Final report of receiver; discharge.
NRS 32.355 - Receivership in another state; ancillary proceeding.
NRS 32.360 - Effect of enforcement by mortgagee.
NRS 32.365 - Uniformity of application and construction.
NRS 32.370 - Relation to Electronic Signatures in Global and National Commerce Act.