Nev. Rev. Stat. § 696B.430

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 696B.430 - Subordination of claims for failure to cooperate

If an ancillary receiver in another state or foreign country, by whatever name called, fails to transfer to the domiciliary liquidator in this state any assets within the control of the ancillary receiver other than special deposits, diminished only by the expenses, if any, of the ancillary receivership, claims filed in the ancillary receivership, other than special deposit claims or secured claims, must be placed in the class of claims specified in paragraph (j) of subsection 1 of NRS 696B.420.

NRS 696B.430

Added to NRS by 1971, 1899; A 1997, 3040; 1999, 2526
Added to NRS by 1971, 1899; A 1997, 3040; 1999, 2526