Nevada § 353C.210 - Notice of debt and demand to transmit to persons possessing or controlling credits or other personal property of, or owing debts to, debtor; limitations on and liability for transfer or disposition of property; hearing required; regulations governing hearings

§ 353C.210. Notice of debt and demand to transmit to persons possessing or controlling credits or other personal property of, or owing debts to, debtor; limitations on and liability for transfer or disposition of property; hearing required; regulations governing hearings

1. Notwithstanding any specific statute to the contrary, the State Controller may,

in addition to any other remedy provided for in this chapter, give notice of the amount

of a debt owed to this State and a demand to transmit to any person, including, without

limitation, any officer, agency or political subdivision of this state, who has in

his or her possession or under his or her control any credits or other personal property

belonging to the debtor or who owes any debts to the debtor that remain unpaid. The notice and demand to transmit must be delivered personally or by certified or

registered mail: (a) Not later than 4 years after the debt became due; or (b) Not later than 4 years after the last recording of an abstract of judgment pursuant

to NRS 353C.170 or a certificate of liability pursuant to NRS 353C.180 . 2. If such notice is given to an officer or agency of this state, the notice must

be delivered before the State Controller may file a claim pursuant to NRS 353C.190 on behalf of the debtor. 3. An agency that receives a notice and demand to transmit pursuant to this section

may satisfy any debt owed to it by the debtor before it honors the notice and demand

to transmit. If the agency is holding a bond or other property of the debtor as security for

debts owed or that may become due and owing by the debtor, the agency is not required

to transmit the amount of the bond or other property unless the agency determines

that holding the bond or other property of the debtor as security is no longer required. 4. Except as otherwise provided by specific statute, a person who receives a demand

to transmit pursuant to this section shall not thereafter transfer or otherwise dispose

of the credits or other personal property of, or debts owed to, the person who is

the subject of the demand to transmit without the consent of the State Controller. 5. Except as otherwise provided by specific statute, a person who receives a demand

to transmit pursuant to this section shall, within 10 days thereafter, inform the

State Controller of, and transmit to the State Controller within the time and in the

manner requested by the State Controller, all credits or other personal property in

his or her possession or control that belong to, and all debts that he or she owes

to, the person who is the subject of the demand to transmit. Except as otherwise provided in subsection 6, no further notice is required to be

served on such persons. 6. Except as otherwise provided by specific statute, if the property of the debtor

consists of a series of payments owed to the debtor, the person who owes or controls

the payments shall transmit the payments to the State Controller until otherwise notified

by the State Controller. If the debt of the debtor is not paid within 1 year after the date on which the

State Controller issued the original demand to transmit, the State Controller shall: (a) Issue another demand to transmit to the person responsible for making the payments

that informs the person to continue transmitting payments to the State Controller;

or (b) Notify the person that his or her duty to transmit the payments to the State Controller

has ceased. 7. If the notice and demand to transmit is intended to prevent the transfer or other

disposition of a deposit in a bank or other depository institution, or of any other

credit or personal property in the possession or under the control of the bank or

depository institution, the notice must be delivered or mailed to any branch or office

of the bank or depository institution at which the deposit is carried or the credit

or personal property is held. 8. If any person to whom the State Controller delivers a notice and demand to transmit

transfers or otherwise disposes of any property or debts required by this chapter

to be transmitted to the State Controller, the person is, to the extent of the value

of the property or the amount of the debts so transferred or disposed of, liable to

the State Controller for any portion of the debt that the State Controller is unable

to collect from the debtor solely by reason of the transfer or other disposition of

the property or debt. 9. A debtor who owes a debt to an agency for which the State Controller delivers a

notice and demand to transmit concerning the debtor pursuant to this section is entitled

to an administrative hearing before that agency to challenge the collection of the

debt pursuant to the demand to transmit. Each agency may adopt such regulations as are necessary to provide an administrative

hearing for the purposes of this subsection.