Nevada § 111.761 - Proper execution and delivery or acknowledgment required for assignment of right to receive performance effective upon death of owner; other methods of assignment not precluded
Full text of Nevada Nevada Revised Statutes § 111.761 — Proper execution and delivery or acknowledgment required for assignment of right to receive performance effective upon death of owner; other methods of assignment not precluded, with citation guidance and answers to common questions.
§ 111.761. Proper execution and delivery or acknowledgment required for assignment of right to receive performance effective upon death of owner; other methods of assignment not precluded
1. A written assignment of a contract right which assigns the right to receive any
performance remaining due under the contract to an assignee designated by the owner
and which expressly states that the assignment is not to take effect until the death
of the owner transfers the right to receive performance due under the contract to
the designated assignee beneficiary, effective on the death of the owner, if the assignment
is executed and delivered in proper form to the contract obligor before the death
of the owner or is executed in proper form and acknowledged before a notary public
or other person authorized to administer oaths. A beneficiary assignment need not be supported by consideration or be delivered
to the assignee beneficiary. 2. This section does not preclude other methods of assignment which are authorized
by law and which have the effect of postponing enjoyment of a contract right until
the death of the owner.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 111.761
What does Nevada Revised Statutes § 111.761 cover?
Section 111.761 ("Proper execution and delivery or acknowledgment required for assignment of right to receive performance effective upon death of owner; other methods of assignment not precluded") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 111.761?
A common citation format is "Nevada Revised Statutes § 111.761" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 111.761 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.