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Code · Nevada · CHAPTER 32 - RECEIVERS

NRS 32.015 Additional cases in which receiver may be appointed.

137 words·~1 min read·/nv/chapter-32-receivers/32-015

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NRS 32.015 Additional cases in which receiver may be appointed.
1. In addition to the cases enumerated in NRS 32.010 , a court or judge may appoint a receiver in an action brought by a secured lender to enforce the right provided in NRS 40.507 , or a similar right provided in a mortgage, to enter and inspect real collateral to determine the existence, location, nature and magnitude of any past, present or threatened release or presence of a hazardous substance from, in, into or onto it. A right provided in a mortgage is subject to the same limitations and requirement of notice as are provided in NRS 40.507 .
2. As used in this section, “hazardous substance,” “release” and “secured lender” have the meanings ascribed to them in NRS 40.504 , 40.505 and 40.506 , respectively.
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