Property and privileges of insolvent corporation vest in appointed receiver.

  1. Law
  2. Nevada Revised Statutes
  3. Private Corporations
  4. Property and privileges of insolvent corporation vest in appointed receiver.

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All real and personal property of an insolvent corporation, wheresoever situated, and all its franchises, rights, privileges and effects shall, upon the appointment of a receiver, forthwith vest in the receiver, and the corporation shall be divested of the title thereto.

[48:177:1925; NCL § 1647]


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