Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE55 BANKS AND RELATED ORGANIZATIONS |
CHAPTER667. Liquidation and Reorganization |
LIQUIDATION OF INSURED BANKS |
NRS667.125. Petition for appointment of successor trustee by district court: Order directing service of notice.
Latest version.
- In all cases to which subsection 1 of NRS 667.115 is applicable, the district court for the county in which such indenture, deed of trust or other instrument of like character is recorded shall, upon the verified petition of any person interested in any such trust, either as trustee, beneficiary or otherwise, which interest must be set out in the petition, issue its order directing service on all interested parties, personally or by the publication in a newspaper published in the county, or in some adjoining county if no newspaper is published in the county where the application is made, of a notice directed to all persons concerned, commanding and requiring all persons having any interest in the trust, to appear in court on a day designated in the order and notice, not less than 30 days after the date of the order and notice, to show cause why a new trustee should not be appointed.
(Added to NRS by 1971, 1004; A 1997, 1006)