Current through November 8, 2024
Section 598.138 - Priority of claims1. Except as otherwise provided by law, each claim against the security of a registrant has equal priority.2. If the security of a registrant is insufficient to pay in full all claims against the registrant, claims must be paid on a pro rata basis.3. Acceptance by a claimant of any payment of a claim on a pro rata basis does not preclude the claimant from bringing an action against the registrant for any money that was not recovered.Nev. Admin. Code § 598.138
Added to NAC by Comm'r of Consumer Affairs by R122-98, eff. 2-23-99