1. If a prospective adoptive parent or parents determine that an identified adoption cannot or should not proceed, the adoptive parent or parents, as applicable, may:
(a) Withdraw a petition for termination of parental rights or a petition for adoption; and
(b) Declare the specific consent to adoption void and surrender the adoptive placement.
2. The declaration surrendering the adoptive placement pursuant to subsection 1 must:
(a) Be in writing, notarized and acknowledged by the surrendering prospective adoptive parent or parents; and
(b) Give notice to all parents of the child, the court of competent jurisdiction and the child-placing agency, if applicable.
3. If a prospective adoptive parent or parents make a declaration surrendering an adoptive placement pursuant to subsection 1, the prospective adoptive parent or parents must:
(a) Return the child to the placing parent or parents, if the placing parent or parents wish to accept and regain custody of the child; or
(b) If the placing parent or parents decline to accept the child, the placing parent or parents may relinquish the child to a child-placing agency for other placement pursuant to NRS 127C.270 and 127C.860.
4. A specific consent to adoption declared void is without legal effect and the parental rights are restored.
5. An adoptive placement may not be surrendered after an order finalizing the adoption has been entered by the court.