Nevada § 353C.222 - Selling certain debt in lieu of requesting designation of debt as bad debt; deposit of money received from sale of debt
Full text of Nevada Nevada Revised Statutes § 353C.222 — Selling certain debt in lieu of requesting designation of debt as bad debt; deposit of money received from sale of debt, with citation guidance and answers to common questions.
§ 353C.222. Selling certain debt in lieu of requesting designation of debt as bad debt; deposit of money received from sale of debt
1. If the period of limitation for the collection of a debt set forth in NRS 353C.140 has expired, the State Controller may, in lieu of requesting the State Board of Examiners
to designate the debt as a bad debt pursuant to NRS 353C.220 , sell the debt to any person. 2. All money received by the State Controller from the sale of a debt pursuant to
subsection 1 must be deposited in the Debt Recovery Account created by NRS 353C.226 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 353C.222
What does Nevada Revised Statutes § 353C.222 cover?
Section 353C.222 ("Selling certain debt in lieu of requesting designation of debt as bad debt; deposit of money received from sale of debt") 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 § 353C.222?
A common citation format is "Nevada Revised Statutes § 353C.222" (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 § 353C.222 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.