Nevada § 561.425 - Application for and receipt of trust assets by Department
Full text of Nevada Nevada Revised Statutes § 561.425 — Application for and receipt of trust assets by Department, with citation guidance and answers to common questions.
§ 561.425. Application for and receipt of trust assets by Department
The Department may act as the agency of and on behalf of and for the State of Nevada
to make application to and to receive from the Secretary of Agriculture of the United
States, or any other federal officer properly authorized by the Federal Government
and pursuant and subject to the provisions of that certain Act of Congress, approved
May 3, 1950, entitled “An Act to provide for the liquidation of the trust under the
transfer agreements with the state rural rehabilitation corporations, and for other
purposes,” being c. 152, 64 Stat. 98, 40 U.S.C . §§ 440 to 444, inclusive, the trust assets, either money or property, held by the
United States as trustee for and in behalf of the defunct Nevada rural rehabilitation
corporation.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 561.425
What does Nevada Revised Statutes § 561.425 cover?
Section 561.425 ("Application for and receipt of trust assets by Department") 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 § 561.425?
A common citation format is "Nevada Revised Statutes § 561.425" (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 § 561.425 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.