NRS 120A.550 – Burden of proof as to property evidenced by record of check or draft.
A record of the issuance of a check, draft or similar instrument is prima facie evidence of an obligation. In claiming property from a holder who is also the issuer, the Administrator’s burden of proof as to the existence and amount of the property and its abandonment is satisfied by showing issuance of the instrument […]
NRS 120A.560 – Report of abandoned property.
1. A holder of property presumed abandoned shall make a report to the Administrator concerning the property. 2. A holder may contract with a third party, including, without limitation, a transfer agent, to make the report required by subsection 1. 3. Whether or not a holder contracts with a third party pursuant to subsection 2, […]
NRS 120A.119 – “Stored-value card” defined.
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 […]
NRS 120A.120 – “Utility” defined.
“Utility” means any person who owns or operates for public use any plant, equipment, real property, franchise or license for the transmission of communications or the production, storage, transmission, sale, delivery or furnishing of electricity, water, steam or gas. (Added to NRS by 1979, 1751; A 1983, 1476; 2007, 768)
NRS 120A.122 – “Virtual currency” defined.
“Virtual currency” means a digital representation of value used as a medium of exchange, unit of account or store of value, that does not have legal tender status recognized by the United States. The term does not include: 1. The software or protocols governing the transfer of the digital representation of value; 2. Game-related digital […]
NRS 120A.125 – Inapplicability of chapter to tangible property held in safe-deposit box or other safekeeping depository not maintained by bank or other financial institution or safe-deposit company.
The provisions of this chapter do not apply to tangible property held in a safe-deposit box or other safekeeping depository which is not maintained by: 1. A bank or other financial institution; or 2. A safe-deposit company. (Added to NRS by 2015, 535)
NRS 120A.135 – Inapplicability of chapter to unredeemed gaming chips or tokens and intersection improvement project proceeds.
1. The provisions of this chapter do not apply to: (a) Gaming chips or tokens which are not redeemed at an establishment. (b) Intersection improvement project proceeds. 2. As used in this section: (a) “Establishment” has the meaning ascribed to it in NRS 463.0148. (b) “Gaming chip or token” means any object which may be […]
NRS 120A.140 – Administration of chapter; regulations.
The Administrator shall carry out the provisions of this chapter and may adopt regulations appropriate for this purpose. (Added to NRS by 1979, 1751; A 1983, 1463)
NRS 120A.145 – Information to remain confidential.
The Administrator or any officer, agent or employee of the Office of the State Treasurer shall not use or disclose any information received by the Administrator in the course of carrying out the provisions of this chapter which is confidential or which is provided to the Administrator on the basis that the information is to […]
NRS 120A.500 – Presumption of abandonment.
1. Except as otherwise provided in subsections 6 and 7, property is presumed abandoned if it is unclaimed by the apparent owner during the time set forth below for the particular property: (a) A traveler’s check, 15 years after issuance; (b) A money order, 7 years after issuance; (c) Any stock or other equity interest […]