A person may not sue under NRS 90.660 unless suit is brought within the earliest of 2 years after the discovery of the violation, 2 years after discovery should have been made by the exercise of reasonable care, or 5 years after the act, omission or transaction constituting the violation.
NRS 90.670
Statute of limitations
Known as the Uniform Securities Act
The act spans §§ 90–90 (122 sections).
Applied in 5 court decisions — leading case In Re Integrated Resources Real Estate Ltd. Partnerships Securities Litigation (1994)
Most recently applied in Fed. Deposit Ins. Corp. v. First Horizon Asset Sec. Inc. (March 2018)
(Added to NRS by 1987, 2183; A 1989, 160; 1993, 1229; 2003, 20th Special Session, 273)
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.