Public-domain · open source
OpenJurist

NRS 100.075

Creditor’s rights transferable without consent of debtor

Known as the Asset-Backed Securities Facilitation Act

The act spans §§ 100–100 (28 sections).

Applied in 2 court decisions — leading case Natko v. State (2018)

Most recently applied in Natko v. State (December 2018)

(Added to NRS by 1975, 1343)

Any creditor may, without the consent of the debtor, transfer all or any part of his or her rights against the debtor to any third party. The assignee is entitled by virtue of an assignment or transfer to sue in his or her own name as a real party in interest. This section does not preclude a contract between the parties prohibiting the assignment or transfer of the creditor’s rights against the debtor to a third party.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.