{"data":{"id":"us-nv/nrs-32.265","jurisdiction":"us-nv","citation":"NRS 32.265","heading":"Disqualification from appointment as receiver; disclosure of interest.","body":"1. The court may not appoint a person as receiver unless the person submits to the court a statement under penalty of perjury that the person is not disqualified.\n2. Except as otherwise provided in subsection 3, a person is disqualified from appointment as receiver if the person:\n(a) Is an affiliate of a party;\n(b) Has an interest materially adverse to an interest of a party;\n(c) Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver;\n(d) Has a debtor-creditor relationship with a party; or\n(e) Holds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.\n3. A person is not disqualified from appointment as receiver solely because the person:\n(a) Was appointed receiver or is owed compensation in an unrelated matter involving a party or was engaged by a party in a matter unrelated to the receivership;\n(b) Is an individual obligated to a party on a debt that is not in default and was incurred primarily for personal, family or household purposes; or\n(c) Maintains with a party a deposit account as defined in paragraph (ff) of subsection 1 of NRS 104.9102.\n4. A person seeking appointment of a receiver may nominate a person to serve as receiver, but the court is not bound by the nomination.","path":["TITLE 3 — REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS","CHAPTER 32 - RECEIVERS","UNIFORM COMMERCIAL REAL ESTATE RECEIVERSHIP ACT","Administration of Receiverships"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-032.html#NRS032Sec265","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:30Z","sha256":"d93b593e4a6eb589bf737a8b48b79f9af84e078066176c13700b545d107b1cdb","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-32.260","next":"us-nv/nrs-32.270"},"notice":"GroundRules: Original legal text. Not legal advice."}