Nevada § 154.120 - Proceedings for recovery of property

§ 154.120. Proceedings for recovery of property

1. If, within 6 years after any judgment escheating property to the State, any person

claims any money or property vested in the State by the judgment, the person may file

a petition in the district court of Carson City, stating the nature of the claim,

with an appropriate request for the relief demanded. 2. A copy of the petition must be served upon the Attorney General before or at the

time of filing. Within 20 days after service, the Attorney General shall appear in the proceeding

and plead or answer the petition. If, after examining all the facts, the Attorney General is convinced that the State

has no legal defense against the petition, the Attorney General may, with the consent

of the court, confess judgment on behalf of the State. 3. If judgment is not confessed, the petition is at issue on the 20th day after its

filing, and may be heard by the court on that day, or at such future day as the court

may order. 4. Upon the hearing, the court shall examine the claim and hear the allegations and

evidence. If the court finds that the person is entitled to any money, it shall, by judgment,

order the State Controller to draw a warrant in favor of the claimant upon the State

Treasurer for the sum specified in the order, but without interest, income or cost

of any kind to the state. A certified copy of the judgment and order directing the State Controller to draw

the warrant for money is a sufficient voucher to do so. 5. If any property is the subject of the trial, and the court finds the claimant entitled

to it, the court shall enter an order accordingly. The order divests the interests of the State in or to the property, but no interest,

income or other cost of any kind may be taxed against the State. 6. If any property has been sold as provided in this chapter after the judgment of

escheat, the petitioner is entitled to the proceeds of the sale less the cost of the

sale without any interest, income or other cost to the State of any kind, in lieu

of the property, and the court shall enter an order accordingly. 7. All persons, except minors and incapacitated persons, who fail to appear and file

their petitions within the time limited in subsection 1 are barred forever. Minors and incapacitated persons may appear and file their petitions at any time within

5 years after their respective disabilities are removed.