NRS 673.5913
Acceptance of appointment as receiver or liquidator

possession of and title to assets, business and property rests in Federal Deposit Insurance Corporation.

Upon the acceptance of the appointment as receiver or liquidator by the Federal Deposit Insurance Corporation, the possession of and title to all the assets, business and property of such savings bank of every kind and nature shall pass to and vest in the Federal Deposit Insurance Corporation without the execution of any instruments of conveyance, assignment, transfer or endorsement.

Source: Section 673.5913 — Acceptance of appointment as receiver or liquidator; possession of and title to assets, business and property rests in Federal Deposit Insurance Corporation., https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec5913.

673.5912
Federal Deposit Insurance Corporation authorized to act as receiver or liquidator of closed savings bank having insured deposits 673.5913
Acceptance of appointment as receiver or liquidator 673.5914
Enforcement of individual liability of stockholders or members and directors or managers of savings bank in receivership or liquidation. 673.5915
Payment of insured deposits 673.5916
Loans to closed savings banks by Federal Deposit Insurance Corporation 673.5917
Commissioner to furnish copies of examinations and reports to Federal Deposit Insurance Corporation. 673.5918
Deposit of books, papers and records with Commissioner upon final liquidation. 673.5919
Destruction of records of liquidated insolvent savings banks. 673.5921
Termination of trusteeship under security instruments upon insolvency 673.5922
Petition for appointment of successor trustee by district court: Order to appear and show cause why successor trustee should not be appointed 673.5923
Appointment of successor trustee when no objection made. 673.5924
Hearing on objections to appointment of successor trustee 673.5925
Recordation of order appointing successor trustee. 673.5926
Petition and order may relate to all instruments in which former trustee was named. 673.5927
Provisions are in addition to any other remedy provided by law. 673.5928
Validation of sales by liquidator under security instruments giving power of sale.

Last Updated

Feb. 5, 2021

§ 673.5913’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_673.5913

Original Source: Section 673.5913 — Acceptance of appointment as receiver or liquidator; possession of and title to assets, business and property rests in Federal Deposit Insurance Corporation., https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec5913 (last accessed Feb. 5, 2021).