427A.540 - Disallowance of claim. - Nevada Statutes

427A.540  Disallowance of claim.  No claim may be accepted by the Division if the:

      1.  Claimant or spouse of the claimant owns real property, other than that claimed as a home, which has an assessed value of more than $30,000;

      2.  Home of the claimant and spouse of the claimant has an assessed value of more than $200,000; or

      3.  Liquid assets of the claimant and spouse of the claimant are more than $150,000.

      (Added to NRS by 2001, 2658; A 2003, 2020; 2005, 2670; 2005, 22nd Special Session, 39)