NRS 120A.010 – Short title.
This chapter may be cited as the Uniform Unclaimed Property Act. (Added to NRS by 1979, 1750; A 1983, 1476; 2007, 767)
This chapter may be cited as the Uniform Unclaimed Property Act. (Added to NRS by 1979, 1750; A 1983, 1476; 2007, 767)
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 120A.025 to 120A.122, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1979, 1751; A 1983, 1462; 2001, 2908; 2007, 767; 2019, 3013; 2021, 76)
“Administrator” means the State Treasurer in his or her capacity as the Administrator of Unclaimed Property. (Added to NRS by 1983, 1461; A 2001, 2908)
“Apparent owner” means a person whose name appears on the records of a holder as the person entitled to property held, issued or owing by the holder. (Added to NRS by 2001, 2908)
“Business association” means a corporation, joint-stock company, investment company, partnership, unincorporated association, joint venture, limited-liability company, business trust, trust company, land bank, safe-deposit company or other safekeeping depository, financial organization, insurance company, mutual fund or utility, or another business entity consisting of one or more persons, whether or not for profit. (Added to NRS by […]
“Domicile” means the state of incorporation of a corporation and the state of the principal place of business of a holder other than a corporation. (Added to NRS by 2007, 756)
“Financial organization” means a savings and loan association, building and loan association, savings bank, industrial bank, bank, banking organization or credit union. (Added to NRS by 1979, 1751; A 1983, 1462; 1985, 242; 2001, 2909; 2007, 768)
1. “Game-related digital content” means digital content that exists only in an electronic game or electronic-game platform. The term includes: (a) Game-play currency, such as a virtual wallet, even if denominated in United States currency; and (b) If for use or redemption only within the electronic game or electronic-game platform: (1) Points, sometimes referred to […]
“Holder” means a person or business obligated, or assumed to be obligated, to hold for the account of, or deliver or pay to, the owner property that is subject to this chapter. (Added to NRS by 1979, 1751; A 1983, 1462; 2001, 2909; 2019, 3013)
“Insurance company” means an association, corporation or fraternal or mutual benefit organization, whether or not for profit, which is engaged in the business of providing life endowments, annuities or insurance, including accident, burial, casualty, credit life, contract performance, dental, disability, fidelity, fire, health, hospitalization, illness, life, malpractice, marine, mortgage, surety, wage protection and workers’ compensation […]
“Mineral” means gas, oil, coal and other gaseous, liquid and solid hydrocarbons, oil shale, cement material, sand, gravel, road material, building stone, chemical raw material, gemstone, fissionable and nonfissionable ores, colloidal and other clay, steam and other geothermal resource or any other substance defined as a mineral by the law of this State. (Added to […]
“Mineral proceeds” means amounts payable for the extraction, production or sale of minerals or, upon the abandonment of those payments, all payments that become payable thereafter. The term includes, without limitation, amounts payable: 1. For the acquisition and retention of a mineral lease, including bonuses, royalties, compensatory royalties, shut-in royalties, minimum royalties and delay rentals; […]
“Money order” means an order for payment of a specified amount of money. The term includes an express money order and a personal money order, on which the remitter is the purchaser. The term does not include a bank money order or any other instrument sold by a financial organization if the seller has obtained […]
“Owner” means a person who has a legal or equitable interest in property subject to this chapter or the person’s legal representative. The term includes, without limitation, a depositor in the case of a deposit, a beneficiary in the case of a trust other than a deposit in trust, and a creditor, claimant or payee […]
“Payroll card” means a record that evidences a payroll card account, as defined in Regulation E, 12 C.F.R. Part 1005, as amended, adopted pursuant to the federal Electronic Fund Transfer Act, as amended, 15 U.S.C. §§ 1693 et seq. (Added to NRS by 2019, 3011)
“Person” means a natural person, business association, financial organization, estate, trust, government or governmental subdivision, agency or instrumentality, or any other legal or commercial entity. (Added to NRS by 1979, 1751; A 1983, 1463; 1985, 508; 2001, 2909; 2007, 768)
1. “Property” means tangible property described in NRS 120A.510 or a fixed and certain interest in intangible property that is held, issued or owed in the course of a holder’s business or by a government, governmental subdivision, agency or instrumentality. 2. The term includes, without limitation: (a) All income from or increments to the property. […]
“Record” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. (Added to NRS by 2007, 756)
“State” means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico or any territory or insular possession subject to the jurisdiction of the United States. (Added to NRS by 2007, 757)
1. “Stored-value card” means a record evidencing a promise made for consideration by the seller or issuer of the record that goods, services or money will be provided to the owner of record to the value or amount shown in the record. 2. The term includes: (a) A record that contains or consists of a […]