There is a newer version of the Nevada Revised Statutes
2013 Nevada Revised Statutes
Chapter 163 - Trusts
NRS 163.360 - Foreclosure; bidding in property.
NV Rev Stat § 163.360 (2013) What's This?
A fiduciary may:
1. Foreclose, as an incident to the collection of any bond, note or other obligation, any mortgage, deed of trust or other lien securing such bond, note or other obligation;
2. Bid in the property at such foreclosure sale, or acquire the property by deed from the mortgagor or obligor without foreclosure; and
3. Retain the property so bid in or taken over without foreclosure.
(Added to NRS by 1969, 453)
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