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NRS 143.415

Abandonment of tangible personal property

Known as the Independent Administration of Estates Act

The act spans §§ 143–143 (99 sections).

(Added to NRS by 2011, 1441)

The personal representative who has limited authority or full authority has the power to abandon tangible personal property where the cost of collecting, maintaining and safeguarding the property would exceed its fair market value.

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