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NRS 120A.670

Destruction or disposition of property having no substantial commercial value; immunity from liability

Known as the Uniform Unclaimed Property Act

The act spans §§ 120A.010 to 120A.740 (59 sections).

(Added to NRS by 2007, 764)

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.

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