Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER120A. Unclaimed Property (Uniform Act) |
NRS120A.670. Destruction or disposition of property having no substantial commercial value; immunity from liability.
Latest version.
- If the Administrator determines after investigation that property delivered under this chapter has no substantial commercial value, the Administrator may destroy or otherwise dispose of the property at any time. An action or proceeding may not be maintained against the State or any officer or employee or against the holder for or on account of an act of the Administrator under this section, except for intentional misconduct or malfeasance.
(Added to NRS by 2007, 764)