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NRS 39.400

Proceeds belonging to unknown owner must be invested

Known as the Uniform Partition of Heirs Property Act

The act spans §§ 39–39 (78 sections).

[1911 CPA § 624; RL § 5566; NCL § 9113]

When there are proceeds of a sale belonging to an unknown owner, or to a person without the State, who has no legal representative within it, the same shall be invested in securities or placed at interest for the benefit of the persons entitled thereto.

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