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NRS 645.8491

Administrator subrogated to rights of judgment creditor; deposit of money recovered

Applied in 2 court decisions — leading case Nevada Power Co. v. Haggerty (1999)

Most recently applied in Nevada Power Co. v. Haggerty (December 1999)

(Added to NRS by 1967, 1045; A 1985, 1278)

When the Administrator has paid from the Fund any money to the judgment creditor, the Administrator is subrogated to all other rights of the judgment creditor to the extent of the amount paid and any amount and interest so recovered by the Administrator on the judgment must be deposited in the State Treasury for credit to the Fund.

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