463B.130 - Vesting of property interests in supervisor; duty to protect property.
463B.130 Â Vesting of property interests in supervisor; duty to protect property.
1. Â 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. Â The supervisor shall protect the money and property so acquired by managing it on a prudent businesslike basis.
(Added to NRS by 1979, 806)