Nevada Business Associations; Securities; Commodities
Sec. § 78.695
Substitution of receiver as party; abatement of actions.


1.

A receiver, upon application by him or her, shall be substituted as party plaintiff or complainant in the place and stead of the corporation in any suit or proceeding at law or in equity which was pending at the time of the receivers appointment.

2.

No action against a receiver of a corporation shall abate by reason of the receivers death, but, upon suggestion of the facts on the record, shall be continued against the receivers successor, or against the corporation in case no new receiver be appointed.
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Last accessed
Jul. 19, 2019