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

NRS 86.5427: Acts of majority of receivers effectual; removal and vacancies.

Where this section sits in the code

TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
CHAPTER 86 - LIMITED-LIABILITY COMPANIES
INSOLVENCY; RECEIVERS AND TRUSTEES

1. Every matter and thing by this chapter required to be done by receivers or trustees shall be good and effectual, to all intents and purposes, if performed by a majority of them.

2. The district court may remove any receiver or trustee and appoint another or others in his or her place to fill any vacancy which may occur.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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