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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 120A.540: Dormancy charge.

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Where this section sits in the code
  1. TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
  2. CHAPTER 120A - UNCLAIMED PROPERTY (UNIFORM ACT)

A holder may deduct from property presumed abandoned a charge imposed by reason of the owner’s failure to claim the property within a specified time only if there is a valid and enforceable written contract between the holder and the owner under which the holder may impose the charge and the holder regularly imposes the charge, which is not regularly reversed or otherwise cancelled. The amount of the deduction must not exceed $5 per month.

Collected 2026-09-03T05:51:32Z. Source file · JSON

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