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Nevada Revised Statutes Title 7. Business Associations; Securities; Commodities § 86.5427. Acts of majority of receivers effectual; removal and vacancies

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 7. Business Associations; Securities; Commodities § 86.5427. Acts of majority of receivers effectual; removal and vacancies - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-7-business-associations-securities-commodities/nv-rev-st-86-5427/

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