NRS 120A.630
Claim of another state to recover property.


1.

After property has been paid or delivered to the Administrator under this chapter, another state may recover the property if:

(a)

The property was paid or delivered to the custody of this State because the records of the holder did not reflect a last known location of the apparent owner within the borders of the other state and the other state establishes that the apparent owner or other person entitled to the property was last known to be located within the borders of that state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state;

(b)

The property was paid or delivered to the custody of this State because the laws of the other state did not provide for the escheat or custodial taking of the property and under the laws of that state subsequently enacted the property has escheated or become subject to a claim of abandonment by that state;

(c)

The records of the holder were erroneous in that they did not accurately identify the owner of the property and the last known location of the owner within the borders of another state and under the laws of that state the property has escheated or become subject to a claim of abandonment by that state;

(d)

The property was subjected to custody by this State under subsection 6 of NRS 120A.530, and under the laws of the state of domicile of the holder the property has escheated or become subject to a claim of abandonment by that state; or

(e)

The property is a sum payable on a traveler’s check, money order or similar instrument that was purchased in the other state and delivered into the custody of this State under subsection 7 of NRS 120A.530, and under the laws of the other state the property has escheated or become subject to a claim of abandonment by that state.

2.

A claim of another state to recover escheated or abandoned property must be presented in a form prescribed by the Administrator, who shall decide the claim within 90 days after it is presented. The Administrator shall allow the claim upon determining that the other state is entitled to the abandoned property under subsection 1.

3.

The Administrator shall require another state, before recovering property under this section, to agree to indemnify this State and its officers and employees against any liability on a claim to the property.

Source: Section 120A.630 — Claim of another state to recover property., https://www.­leg.­state.­nv.­us/NRS/NRS-120A.­html#NRS120ASec630.

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.630’s source at nv​.us