2017 Nevada Revised Statutes
Chapter 111 - Estates in Property; Conveyancing and Recording
NRS 111.777 - Rights of beneficiary if property lost, destroyed, damaged or converted during owner’s lifetime.

Universal Citation: NV Rev Stat § 111.777 (2017)
If property subject to a beneficiary designation is lost, destroyed, damaged or involuntarily converted during the owner’s lifetime, the beneficiary succeeds to any right with respect to the loss, destruction, damage or involuntary conversion which the owner would have had if the owner had survived but has no interest in any payment or substitute property received by the owner during the owner’s lifetime.

(Added to NRS by 2011, 1424)

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