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NRS 32.350

Final report of receiver; discharge

Known as the Uniform Commercial Real Estate Receivership Act

The act spans §§ 32–32 (53 sections).

(Added to NRS by 2017, 1233)

1. On completion of a receiver’s duties, the receiver shall file a final report including:

(a) A description of the activities of the receiver in the conduct of the receivership;

(b) A list of receivership property at the commencement of the receivership and any receivership property received during the receivership;

(c) A list of disbursements, including payments to professionals engaged by the receiver;

(d) A list of dispositions of receivership property;

(e) A list of distributions made or proposed to be made from the receivership for creditor claims;

(f) If not filed separately, a request for approval of the payment of fees and expenses of the receiver; and

(g) Any other information required by the court.

2. If the court approves a final report filed under subsection 1 and the receiver distributes all receivership property, the receiver is discharged.

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