NRS 463B.130
Vesting of property interests in supervisor

  • duty to protect property.

1.

Upon the appointment of a supervisor, the right, title and interest of all persons in the gaming establishment is extinguished and automatically vests in the supervisor, subject to any liens, claims and encumbrances thereon.

2.

The supervisor shall protect the money and property so acquired by managing it on a prudent businesslike basis.

Source: Section 463B.130 — Vesting of property interests in supervisor; duty to protect property., https://www.­leg.­state.­nv.­us/NRS/NRS-463B.­html#NRS463BSec130.

463B.010
Definitions. 463B.020
“Commission” defined. 463B.040
“Supervisor” defined. 463B.050
State policy concerning continued operation of gaming establishment whose license is surrendered, lapsed, suspended or revoked. 463B.060
Applicability of chapter. 463B.070
Regulations. 463B.075
Hearing upon suspension of license regarding appointment of supervisor 463B.080
Appointment of supervisor. 463B.090
Limitations on order of court to stay appointment or enjoin supervisor. 463B.100
Compensation of supervisor and other persons. 463B.110
Supervisor subject to gaming laws and regulations 463B.120
Powers and duties of supervisor under gaming license issued by municipality. 463B.130
Vesting of property interests in supervisor 463B.140
Disposition of certain securities does not affect supervisor. 463B.150
Duties of supervisor. 463B.160
Powers of supervisor. 463B.170
Retention of books, records, evidences of debt and accounts in State. 463B.180
Order compelling delivery of property to supervisor. 463B.190
Effect of appointment of supervisor upon obligations of establishment. 463B.200
Distribution to former legal owner 463B.210
Reports by supervisor: Filing 463B.220
Sale of gaming establishment by former owner: Conditions 463B.230
Sale of gaming establishment by supervisor: Time 463B.240
Sale of gaming establishment: Notice 463B.250
Objection to suitability of supervisor 463B.260
Certain circumstances requiring termination of appointment of supervisor. 463B.270
Limitation on personal liability of supervisor. 463B.280
Unlawful acts
Last Updated

Feb. 5, 2021

§ 463B.130’s source at nv​.us