Nevada Revised Statutes 86.5423 – Substitution of receiver as party; abatement of actions
Current as of: 2023 | Check for updates
|
Other versions
1. A receiver, upon application by him or her, shall be substituted as party plaintiff or complainant in the place and stead of the limited-liability company in any suit or proceeding at law or in equity which was pending at the time of the receiver’s appointment.
Terms Used In Nevada Revised Statutes 86.5423
- Plaintiff: The person who files the complaint in a civil lawsuit.
2. No action against a receiver of a company shall abate by reason of the receiver’s death, but, upon suggestion of the facts on the record, shall be continued against the receiver’s successor, or against the company in case no new receiver be appointed.