Nevada § 143.160 - Costs; disposal of property recovered; proceeds
Full text of Nevada Nevada Revised Statutes § 143.160 — Costs; disposal of property recovered; proceeds, with citation guidance and answers to common questions.
§ 143.160. Costs; disposal of property recovered; proceeds
1. A personal representative is not bound to maintain an action for the estate, pursuant
to NRS 143.150 , for the benefit of the creditors, unless a creditor of the decedent: (a) Files a petition; and (b) Pays the costs and expense of the litigation or gives such security as the court
directs. 2. All real property so recovered must be sold for the payment of debts in the same
manner as prescribed in this title for sales of real property by personal representatives. 3. The proceeds of all goods, chattels, rights or credits so received, after reimbursement
of costs and expenses of litigation advanced by the creditor, must be applied in payment
of debts in the same manner as other personal property in the hands of a personal
representative.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 143.160
What does Nevada Revised Statutes § 143.160 cover?
Section 143.160 ("Costs; disposal of property recovered; proceeds") 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 § 143.160?
A common citation format is "Nevada Revised Statutes § 143.160" (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 § 143.160 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.