Nevada § 120A.580 - Creation and maintenance of statewide database concerning unclaimed property; publication of general information; notice to holders of unclaimed property

§ 120A.580. Creation and maintenance of statewide database concerning unclaimed property; publication of general information; notice to holders of unclaimed property

1. The Administrator shall create and maintain a statewide database concerning unclaimed

property. The database must be searchable electronically and include, without limitation,

the name of each person reported to the Administrator pursuant to NRS 120A.560 as an apparent owner of property presumed abandoned. 2. The Administrator shall make the database publicly available on the website of

the Administrator. 3. The Administrator shall publish general information concerning the provisions of

this chapter on the website of the Administrator. The information must be updated quarterly and include, without limitation: (a) Instructions on how to search and access information relating to unclaimed property; (b) The name, physical address, telephone number and Internet address of the website

of the Administrator; (c) A statement explaining that unclaimed property is presumed to be abandoned and

has been taken into the protective custody of the Administrator; (d) A statement that information about property taken into protective custody and

its return to the owner is available to the owner or a person having a legal or beneficial

interest in the property, upon request to the Administrator, directed to the Deputy

of Unclaimed Property; (e) Information concerning the requirements prescribed by NRS 120A.560 and 120A.640 ; and (f) Any other information deemed necessary by the Administrator. 4. At least once a year, the Administrator shall publish the information made available

on the website of the Administrator pursuant to subsection 3 by press release. 5. In addition to complying with the requirements of subsections 1 to 4, inclusive,

the Administrator shall, in each county whose population is less than 700,000, publish

a notice not later than November 30 of the year next following the year in which abandoned

property has been paid or delivered to the Administrator. The notice must: (a) Be published not less than once each year in a newspaper of general circulation

in the county; and (b) Include the last known city of any person named in the notice. 6. The notice required by subsection 5 must: (a) Be in a form that, in the judgment of the Administrator, is likely to attract

the attention of persons who may have a legal or equitable interest in unclaimed property

or of the legal representatives of such persons; and (b) Include the information made available on the website of the Administrator pursuant

to subsection 3. 7. Nothing in this section shall be construed to limit the ability of the Administrator

to advertise or otherwise provide information concerning unclaimed or abandoned property

at any other time and in any other manner that the Administrator selects.