NRS 120A.530
Rules for taking custody.

Except as otherwise provided in this chapter or by other statute of this State, property that is presumed abandoned, whether located in this or another state, is subject to the custody of this State if:

1.

The last known address of the apparent owner, as shown on the records of the holder, is in this State;

2.

The records of the holder do not reflect the identity of the person entitled to the property and it is established that the last known address of the person entitled to the property is in this State;

3.

The records of the holder do not reflect the last known address of the apparent owner and it is established that:

(a)

The last known address of the person entitled to the property is in this State; or

(b)

The holder is domiciled in this State or is a government or governmental subdivision, agency or instrumentality of this State and has not previously paid or delivered the property to the state of the last known address of the apparent owner or other person entitled to the property;

4.

The last known address of the apparent owner, as shown on the records of the holder, is in a state that does not provide for the escheat or custodial taking of the property and the holder is domiciled in this State or is a government or governmental subdivision, agency or instrumentality of this State;

5.

The last known address of the apparent owner, as shown on the records of the holder, is in a foreign country and the holder is domiciled in this State or is a government or governmental subdivision, agency or instrumentality of this State;

6.

The transaction out of which the property arose occurred in this State, the holder is domiciled in a state that does not provide for the escheat or custodial taking of the property and the last known address of the apparent owner or other person entitled to the property is unknown or is in a state that does not provide for the escheat or custodial taking of the property; or

7.

The property is a traveler’s check or money order purchased in this State or the issuer of the traveler’s check or money order has its principal place of business in this State and the issuer’s records show that the instrument was purchased in a state that does not provide for the escheat or custodial taking of the property or do not show the state in which the instrument was purchased.

Source: Section 120A.530 — Rules for taking custody., https://www.­leg.­state.­nv.­us/NRS/NRS-120A.­html#NRS120ASec530.

120A.010
Short title. 120A.020
Definitions. 120A.025
“Administrator” defined. 120A.027
“Apparent owner” defined. 120A.040
“Business association” defined. 120A.051
“Domicile” defined. 120A.070
“Financial organization” defined. 120A.080
“Holder” defined. 120A.090
“Insurance company” defined. 120A.096
“Mineral” defined. 120A.097
“Mineral proceeds” defined. 120A.098
“Money order” defined. 120A.100
“Owner” defined. 120A.105
“Payroll card” defined. 120A.110
“Person” defined. 120A.113
“Property” defined. 120A.115
“Record” defined. 120A.118
“State” defined. 120A.119
“Stored-value card” defined. 120A.120
“Utility” defined. 120A.125
Inapplicability of chapter to tangible property held in safe-deposit box or other safekeeping depository not maintained by bank or other financial institution or safe-deposit company. 120A.135
Inapplicability of chapter to unredeemed gaming chips or tokens and intersection improvement project proceeds. 120A.140
Administration of chapter 120A.145
Information to remain confidential. 120A.500
Presumption of abandonment. 120A.505
Certain items due or owing between business associations with ongoing business relationship not presumed abandoned. 120A.510
Contents of safe-deposit box or other safekeeping depository. 120A.520
Value remaining on gift certificate. 120A.525
United States savings bonds. 120A.530
Rules for taking custody. 120A.540
Dormancy charge. 120A.550
Burden of proof as to property evidenced by record of check or draft. 120A.560
Report of abandoned property. 120A.570
Payment or delivery of abandoned property. 120A.580
Notice and publication of lists of abandoned property 120A.590
Custody by State 120A.600
Crediting of dividends and increments to account of owner. 120A.610
Public sale, destruction, disposition or transfer of abandoned property. 120A.620
Abandoned Property Trust Account. 120A.630
Claim of another state to recover property. 120A.640
Filing claim with Administrator 120A.645
Donation to State for educational purposes. 120A.650
Action to establish claim. 120A.660
Election to take payment or delivery. 120A.670
Destruction or disposition of property having no substantial commercial value 120A.680
Periods of limitation. 120A.690
Requests for reports and examination of records. 120A.700
Retention of records. 120A.710
Enforcement. 120A.715
Intrastate agreements and cooperation 120A.720
Interstate agreements and cooperation 120A.730
Interest and penalties. 120A.733
Fraudulent claims 120A.737
False statements 120A.740
Agreement to locate property. 120A.750
Uniformity of application and construction.
Last Updated

Jun. 24, 2021

§ 120A.530’s source at nv​.us