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2020 Nevada Revised Statutes
Chapter 667 - Liquidation and Reorganization
NRS 667.045 - Acceptance of appointment as receiver or liquidator; possession of and title to assets, business and property vests in Federal Deposit Insurance Corporation.
Universal Citation: NV Rev Stat § 667.045 (2020)
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 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.
(Added to NRS by 1971, 1002)
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