Nevada § 82.491 - Involuntary dissolution: Appointment of receiver; powers and duties of receiver; authorized relief
Full text of Nevada Nevada Revised Statutes § 82.491 — Involuntary dissolution: Appointment of receiver; powers and duties of receiver; authorized relief, with citation guidance and answers to common questions.
§ 82.491. Involuntary dissolution: Appointment of receiver; powers and duties of receiver; authorized relief
1. The court may appoint a temporary receiver upon the same grounds and pursuant to
the same procedure as provided in the Nevada Rules of Civil Procedure for granting
a temporary restraining order. A hearing must be held on the appointment of a temporary receiver within 15 days after
the receiver's appointment, unless the appointment is extended by order of the court
or upon stipulation of the parties. 2. The court may, if good cause exists, appoint one or more receivers. Directors or trustees who have not been guilty of negligence or active breach of duty
must be preferred in making the appointment. 3. Receivers so appointed have, among the usual powers, all the functions, powers,
tenure and duties to be exercised under the direction of the court as are conferred
on receivers and as provided in NRS 82.476 and 82.481 whether the corporation is insolvent or not. 4. The court may, at any time, grant lesser equitable relief, order a partial liquidation,
terminate the receivership, or dissolve or terminate the corporation as would be just
and proper in the circumstances.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 82.491
What does Nevada Revised Statutes § 82.491 cover?
Section 82.491 ("Involuntary dissolution: Appointment of receiver; powers and duties of receiver; authorized relief") 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 § 82.491?
A common citation format is "Nevada Revised Statutes § 82.491" (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 § 82.491 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.