2025 Nevada Revised Statutes
Chapter 32 - Receivers
NRS 32.125 - "Executory contract" defined.

Universal Citation:
NV Rev Stat § 32.125 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

"Executory contract" means a contract, including a lease, under which each party has an unperformed obligation and the failure of a party to complete performance would constitute a material breach.

(Added to NRS by 2017, 1222)

Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.