Nevada § 41B.400 - Payor or other third person who pays or transfers forfeited property, interest or benefit
Full text of Nevada Nevada Revised Statutes § 41B.400 — Payor or other third person who pays or transfers forfeited property, interest or benefit, with citation guidance and answers to common questions.
§ 41B.400. Payor or other third person who pays or transfers forfeited property, interest or benefit
Except as otherwise provided by specific statute, if a payor or other third person,
in good faith, pays or transfers any property, interest or benefit to a beneficiary
in accordance with the provisions of a governing instrument, the payor or other third
person is not liable to another person who alleges that the payment or transfer to
the beneficiary violated the provisions of this chapter unless, before the payment
or transfer, the payor or other third person had actual knowledge that the beneficiary
was prohibited from acquiring or receiving the property, interest or benefit pursuant
to the provisions of this chapter.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 41B.400
What does Nevada Revised Statutes § 41B.400 cover?
Section 41B.400 ("Payor or other third person who pays or transfers forfeited property, interest or benefit") 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 § 41B.400?
A common citation format is "Nevada Revised Statutes § 41B.400" (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 § 41B.400 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.