Nevada Remedies; Special Actions and Proceedings

Sec. § 32.265
Disqualification from appointment as receiver; disclosure of interest.


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.


Except as otherwise provided in subsection 3, a person is disqualified from appointment as receiver if the person:


Is an affiliate of a party;


Has an interest materially adverse to an interest of a party;


Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver;


Has a debtor-creditor relationship with a party; or


Holds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.


A person is not disqualified from appointment as receiver solely because the person:


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;


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


Maintains with a party a deposit account as defined in paragraph (cc) of subsection 1 of NRS 104.9102.


A person seeking appointment of a receiver may nominate a person to serve as receiver, but the court is not bound by the nomination.

Last accessed
Feb. 5, 2021