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NRS 120.160

“Jointly held property” defined

Known as the Uniform Disclaimer of Property Interests Act

The act spans §§ 120–120 (26 sections).

(Added to NRS by 2007, 278)

“Jointly held property” means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property.

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