LegalFix
Sign In

NRS 78.695 - Substitution of receiver as party; abatement of actions.

NV Rev Stat § 78.695 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. A receiver, upon application by him or her, shall be substituted as party plaintiff or complainant in the place and stead of the corporation in any suit or proceeding at law or in equity which was pending at the time of the receiver’s appointment.

2. No action against a receiver of a corporation shall abate by reason of the receiver’s death, but, upon suggestion of the facts on the record, shall be continued against the receiver’s successor, or against the corporation in case no new receiver be appointed.

[58:177:1925; NCL § 1657] + [59:177:1925; NCL § 1658]

Previous Section
NRS 78.685 - Action on creditors’ claims; appeal of disallowed claims.
Next Section
NRS 78.700 - Sales of encumbered or deteriorating property.