Nevada § 21.080 - Property liable to execution; property not affected by execution until levy; exemption of certain trusts
Full text of Nevada Nevada Revised Statutes § 21.080 — Property liable to execution; property not affected by execution until levy; exemption of certain trusts, with citation guidance and answers to common questions.
§ 21.080. Property liable to execution; property not affected by execution until levy; exemption of certain trusts
1. All goods, chattels, money and other property, real and personal, of the judgment
debtor, or any interest therein of the judgment debtor not exempt by law, and all
property and rights of property seized and held under attachment in the action, are
liable to execution. Subject to the provisions of chapters 104 to 104C, inclusive, of NRS, shares and
interests in any corporation or company, and debts and credits and other property
not capable of manual delivery, may be attached in execution in like manner as upon
writs of attachments. Gold dust and bullion must be returned by the officer as so much money collected,
at its current value, without exposing the same to sale. Until a levy, property is not affected by the execution. 2. This chapter does not authorize the seizure of, or other interference with, any
money, thing in action, lands or other property held in spendthrift trust or in a
discretionary or support trust governed by chapter 163 of NRS for a judgment debtor, or held in such trust for any beneficiary, pursuant to any
judgment, order or process of any bankruptcy or other court directed against any such
beneficiary or trustee of the beneficiary. This subsection does not apply to the interest of the beneficiary of a trust where
the fund so held in trust has proceeded from the beneficiary unless: (a) The beneficiary is the settlor of the trust; and (b) The trust is a spendthrift trust that was created in compliance with the provisions
of chapter 166 of NRS .
Frequently Asked Questions About Nevada § 21.080
What does Nevada Revised Statutes § 21.080 cover?
Section 21.080 ("Property liable to execution; property not affected by execution until levy; exemption of certain trusts") 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 § 21.080?
A common citation format is "Nevada Revised Statutes § 21.080" (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 § 21.080 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.