Nevada § 561.455 - Powers of Department
Full text of Nevada Nevada Revised Statutes § 561.455 — Powers of Department, with citation guidance and answers to common questions.
§ 561.455. Powers of Department
1. The Department may: (a) Collect, compromise, adjust or cancel claims and obligations arising out of or
administered under the provisions of NRS 561.425 to 561.465 , inclusive, or under any mortgage, lease, contract or agreement entered into or administered
pursuant to NRS 561.425 to 561.465 , inclusive, and, if in its judgment necessary and advisable, pursue the claims and
obligations to final collection in any court having jurisdiction. (b) Bid for and purchase at any execution, foreclosure or other sale, or otherwise
acquire property upon which the Department has a lien because of a judgment or execution,
or which is pledged, mortgaged, conveyed or which otherwise secures any loan or other
indebtedness owing to or acquired by the Department pursuant to NRS 561.425 to 561.465 , inclusive. (c) Accept title to any property so purchased or acquired for and on behalf of the
State and may operate or lease the property for such period as may be deemed necessary
to protect the investment therein, and may sell or otherwise dispose of the property
in a manner consistent with the provisions of NRS 561.425 to 561.465 , inclusive. 2. The authority contained in this section may be delegated to the Secretary of Agriculture
of the United States with respect to money or assets authorized to be administered
and used by the Secretary under agreements entered into pursuant to NRS 561.435 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 561.455
What does Nevada Revised Statutes § 561.455 cover?
Section 561.455 ("Powers of Department") 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 § 561.455?
A common citation format is "Nevada Revised Statutes § 561.455" (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 § 561.455 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.