Nevada Revised Statutes 86.5425 – Compensation, costs and expenses of receiver
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Before distribution of the assets of an insolvent limited-liability company among the creditors or members, the district court shall allow a reasonable compensation to the receiver for his or her services and the costs and expenses of the administration of the trust, and the cost of the proceedings in the court, to be first paid out of the assets.
Terms Used In Nevada Revised Statutes 86.5425
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.