463B.130 - Vesting of property interests in supervisor; duty to protect property. - Nevada Statutes

463B.130  Vesting of property interests in supervisor; duty to protect property.

      1.  Upon the appointment of a supervisor, the right, title and interest of all persons in the gaming establishment is extinguished and automatically vests in the supervisor, subject to any liens, claims and encumbrances thereon.

      2.  The supervisor shall protect the money and property so acquired by managing it on a prudent businesslike basis.

      (Added to NRS by 1979, 806)