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Code · Nevada · CHAPTER 677 - THRIFT COMPANIES

NRS 677.560 Application by licensee to enjoin further proceedings.

123 words·~1 min read·/nv/chapter-677-thrift-companies/677-560·

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NRS 677.560 Application by licensee to enjoin further proceedings. Whenever the Commissioner has taken possession of the property and business of any licensee, a licensee, within 10 days after a taking, if it deems itself aggrieved thereby, may apply to the district court in the county in which the main office of the licensee is located to enjoin further proceedings. The court, after citing the Commissioner to show cause why further proceedings should not be enjoined and after a hearing and a determination of the facts upon the merits may dismiss such application or enjoin the Commissioner from further proceedings and direct him or her to surrender the property and business to such licensee, or make such further order as may be just.
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