163.360 - Foreclosure; bidding in property.
163.360 Â Foreclosure; bidding in property. Â A fiduciary may:
1. Â Foreclose, as an incident to the collection of any bond, note or other obligation, any mortgage, deed of trust or other lien securing such bond, note or other obligation;
2. Â Bid in the property at such foreclosure sale, or acquire the property by deed from the mortgagor or obligor without foreclosure; and
3. Â Retain the property so bid in or taken over without foreclosure.
(Added to NRS by 1969, 453)