Title 10

NRS 119B.390 Action by Real Estate Commission against broker. The Real Estate Commission may take action pursuant to NRS 645.630 against any broker who fails to supervise adequately the conduct of any person engaged in the sale of memberships offered pursuant to the provisions of…

NRS 119B.395 Administrative fine for engaging in certain conduct without permit or authorization; procedure for imposition of fine; judicial review; exceptions. 1. In addition to any other remedy or penalty, the Administrator may impose an administrative fine against any person w…

NRS 119B.400 Acting as broker, broker-salesperson, salesperson, sales agent or registered representative without license or registration. Unless the transaction is exempt under the provisions of NRS 119B.120, it is unlawful for any person to act as a broker of record, broker-sale…

NRS 119B.410 Falsifying application; failure to submit annual report. Any person who willfully submits, in the application for a permit to sell contracts of membership, any materially false or misleading information or fails to submit an annual report on a program for the exchang…

NRS 119B.420 False or misleading advertising. 1. It is unlawful for any person to use false or misleading information to advertise the sale of contracts of membership. 2. Unless a person has actual knowledge of the false or misleading information, the owner, publisher, licensee o…

NRS 119B.430 Unfair methods of competition; deceptive or unfair practices. It is unlawful to engage in unfair methods of competition or deceptive or unfair practices in the offer to sell or sale of a membership. These practices include, without limitation: 1. Misrepresenting or f…

NRS 120.100 Short title. This chapter may be cited as the Uniform Disclaimer of Property Interests Act (1999). (Added to NRS by 2007, 278)

NRS 120.110 Definitions. As used in this chapter, the words and terms defined in NRS 120.120 to 120.190, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2007, 278)

NRS 120.120 “Disclaimant” defined. “Disclaimant” means the person to whom a disclaimed interest or power would have passed had the disclaimer not been made. (Added to NRS by 2007, 278)

NRS 120.130 “Disclaimed interest” defined. “Disclaimed interest” means the interest that would have passed to the disclaimant had the disclaimer not been made. (Added to NRS by 2007, 278)

NRS 120.140 “Disclaimer” defined. “Disclaimer” means the refusal to accept an interest in or power over property. (Added to NRS by 2007, 278)

NRS 120.150 “Fiduciary” defined. “Fiduciary” means a personal representative, trustee, agent acting under a power of attorney or other person authorized to act as a fiduciary with respect to the property of another person. (Added to NRS by 2007, 278)

NRS 120.160 “Jointly held property” defined. “Jointly held property” means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property. (Add…

NRS 120.170 “Person” defined. “Person” means an individual, corporation, business trust, estate, trust, partnership, limited-liability company, association, joint venture, public corporation, government, governmental subdivision, agency or instrumentality, or any other legal or c…

NRS 120.180 “State” defined. “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands or any territory or insular possession subject to the jurisdiction of the United States. The term includes an Indian tribe or band, or …

NRS 120.190 “Trust” defined. “Trust” means: 1. An express trust, charitable or noncharitable, with additions thereto, whenever and however created; and 2. A trust created pursuant to a statute, judgment or decree which requires the trust to be administered in the manner of an exp…

NRS 120.200 Scope. This chapter applies to disclaimers of any interest in or power over property, whenever created. (Added to NRS by 2007, 279)

NRS 120.210 Chapter supplemented by other law. 1. Unless displaced by a provision of this chapter, the principles of law and equity supplement this chapter. 2. This chapter does not limit any right of a person to waive, release, disclaim or renounce an interest in or power over p…

NRS 120.220 Power to disclaim; general requirements; when irrevocable. 1. A person may disclaim, in whole or part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if its creator imposed a spendthrift provi…

NRS 120.230 Disclaimer of interest in property. 1. Except for a disclaimer governed by NRS 120.240 or 120.250, the following rules apply to a disclaimer of an interest in property: (a) The disclaimer takes effect as of the time the instrument creating the interest becomes irrevoc…

NRS 120.240 Disclaimer of rights of survivorship in jointly held property. 1. Upon the death of a holder of jointly held property, a surviving holder may disclaim, in whole or part, the greater of: (a) A fractional share of the property determined by dividing the number 1 by the …

NRS 120.250 Disclaimer of interest by trustee. If a trustee disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property. (Added to NRS by 2007, 280)

NRS 120.260 Disclaimer of power of appointment or other power not held in fiduciary capacity. If a holder disclaims a power of appointment or other power not held in a fiduciary capacity, the following rules apply: 1. If the holder has not exercised the power, the disclaimer take…

NRS 120.270 Disclaimer by appointee, object or taker in default of exercise of power of appointment. 1. A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irr…

NRS 120.280 Disclaimer of power held in fiduciary capacity. 1. If a fiduciary disclaims a power held in a fiduciary capacity which has not been exercised, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable. 2. If a fiduciary disclaims…

NRS 120.290 Delivery or filing. 1. Subject to subsections 2 to 11, inclusive, delivery of a disclaimer may be effected by personal delivery, first-class mail or any other method likely to result in its receipt. 2. In the case of an interest created under the law of intestate succ…

NRS 120.300 When disclaimer barred or limited. 1. A disclaimer is barred by a written waiver of the right to disclaim. 2. A disclaimer of an interest in property is barred if any of the following events occur before the disclaimer becomes effective: (a) The disclaimant accepts th…

NRS 120.310 Tax qualified disclaimer. Notwithstanding any other provision of this chapter, if as a result of a disclaimer or transfer the disclaimed or transferred interest is treated pursuant to the provisions of Title 26 of the United States Code, as now or hereafter amended, o…

NRS 120.320 Recording of disclaimer. If an instrument transferring an interest in or power over property subject to a disclaimer is required or permitted by law to be filed, recorded or registered, the disclaimer may be so filed, recorded or registered. Except as otherwise provid…

NRS 120.330 Application to existing relationships. Except as otherwise provided in NRS 120.300, an interest in or power over property existing on October 1, 2007, as to which the time for delivering or filing a disclaimer under law superseded by this chapter has not expired may b…

NRS 120.340 Relation to Electronic Signatures in Global and National Commerce Act. This chapter modifies, limits and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq., but does not modify, limit or supersede section 101(c)…

NRS 120.350 Uniformity of application and construction. In applying and construing the Uniform Disclaimer of Property Interests Act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. (Added to N…

NRS 120A.010 Short title. This chapter may be cited as the Uniform Unclaimed Property Act. (Added to NRS by 1979, 1750; A 1983, 1476; 2007, 767)

NRS 120A.020 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 120A.025 to 120A.122, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1979, 1751; A 1983, 1462; 2001, 2908; 2007, 767; 20…

NRS 120A.025 “Administrator” defined. “Administrator” means the State Treasurer in his or her capacity as the Administrator of Unclaimed Property. (Added to NRS by 1983, 1461; A 2001, 2908)

NRS 120A.027 “Apparent owner” defined. “Apparent owner” means a person whose name appears on the records of a holder as the person entitled to property held, issued or owing by the holder. (Added to NRS by 2001, 2908)

NRS 120A.040 “Business association” defined. “Business association” means a corporation, joint-stock company, investment company, partnership, unincorporated association, joint venture, limited-liability company, business trust, trust company, land bank, safe-deposit company or o…

NRS 120A.051 “Domicile” defined. “Domicile” means the state of incorporation of a corporation and the state of the principal place of business of a holder other than a corporation. (Added to NRS by 2007, 756)

NRS 120A.070 “Financial organization” defined. “Financial organization” means a savings and loan association, building and loan association, savings bank, industrial bank, bank, banking organization or credit union. (Added to NRS by 1979, 1751; A 1983, 1462; 1985, 242; 2001, 2909…

NRS 120A.075 “Game-related digital content” defined. 1. “Game-related digital content” means digital content that exists only in an electronic game or electronic-game platform. The term includes: (a) Game-play currency, such as a virtual wallet, even if denominated in United Stat…

NRS 120A.077 “Gift certificate” defined. “Gift certificate” has the meaning ascribed to it in NRS 598.0921. (Added to NRS by 2023, 1052)

NRS 120A.080 “Holder” defined. “Holder” means a person or business obligated, or assumed to be obligated, to hold for the account of, or deliver or pay to, the owner property that is subject to this chapter. (Added to NRS by 1979, 1751; A 1983, 1462; 2001, 2909; 2019, 3013)

NRS 120A.090 “Insurance company” defined. “Insurance company” means an association, corporation or fraternal or mutual benefit organization, whether or not for profit, which is engaged in the business of providing life endowments, annuities or insurance, including accident, buria…

NRS 120A.096 “Mineral” defined. “Mineral” means gas, oil, coal and other gaseous, liquid and solid hydrocarbons, oil shale, cement material, sand, gravel, road material, building stone, chemical raw material, gemstone, fissionable and nonfissionable ores, colloidal and other clay…

NRS 120A.097 “Mineral proceeds” defined. “Mineral proceeds” means amounts payable for the extraction, production or sale of minerals or, upon the abandonment of those payments, all payments that become payable thereafter. The term includes, without limitation, amounts payable: 1.…

NRS 120A.098 “Money order” defined. “Money order” means an order for payment of a specified amount of money. The term includes an express money order and a personal money order, on which the remitter is the purchaser. The term does not include a bank money order or any other inst…