Nevada § 32.020 - Reversion and disposition of unclaimed dividends in receivership
Full text of Nevada Nevada Revised Statutes § 32.020 — Reversion and disposition of unclaimed dividends in receivership, with citation guidance and answers to common questions.
§ 32.020. Reversion and disposition of unclaimed dividends in receivership
1. In any receivership proceeding instituted in which a dividend has been declared
and ordered paid to creditors, any dividend which remains unclaimed for 3 years reverts
to the general fund of the estate and must be applied as follows: (a) To the payment of costs and expenses of the administration of the estate and receivership. (b) To a new dividend distributed to creditors whose claims have been allowed but
not paid in full. After those claims have been paid in full, the balance is presumed abandoned under chapter 120A of NRS . 2. This section applies to any receivership proceeding which may be brought, and includes
any bank, banking corporation, corporation, copartnership, company, association or
natural person.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 32.020
What does Nevada Revised Statutes § 32.020 cover?
Section 32.020 ("Reversion and disposition of unclaimed dividends in receivership") 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 § 32.020?
A common citation format is "Nevada Revised Statutes § 32.020" (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 § 32.020 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.