463B.190 - Effect of appointment of supervisor upon obligations of establishment. - Nevada Statutes

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Statutes > Nevada > Title-41 > Chapter-463b > 463b-190

463B.190 Effect of appointment of supervisor upon obligations of establishment. This chapter does not affect the right of a creditor to commence or continue foreclosure or other proceedings to collect a secured or unsecured debt, and, consistent with the public policy of this chapter, the appointment of a supervisor must not be treated as an event precipitating a default or acceleration under any note, lease, deed of trust or other extension of credit. Except as provided in this chapter, the supervisor is not entitled to assert any right, claim or defense other than one available to the gaming establishment or any licensee or former licensee connected therewith.

(Added to NRS by 1979, 806)

State Codes and Statutes

Statutes > Nevada > Title-41 > Chapter-463b > 463b-190

463B.190 Effect of appointment of supervisor upon obligations of establishment. This chapter does not affect the right of a creditor to commence or continue foreclosure or other proceedings to collect a secured or unsecured debt, and, consistent with the public policy of this chapter, the appointment of a supervisor must not be treated as an event precipitating a default or acceleration under any note, lease, deed of trust or other extension of credit. Except as provided in this chapter, the supervisor is not entitled to assert any right, claim or defense other than one available to the gaming establishment or any licensee or former licensee connected therewith.

(Added to NRS by 1979, 806)

State Codes and Statutes

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State Codes and Statutes

Statutes > Nevada > Title-41 > Chapter-463b > 463b-190

463B.190 Effect of appointment of supervisor upon obligations of establishment. This chapter does not affect the right of a creditor to commence or continue foreclosure or other proceedings to collect a secured or unsecured debt, and, consistent with the public policy of this chapter, the appointment of a supervisor must not be treated as an event precipitating a default or acceleration under any note, lease, deed of trust or other extension of credit. Except as provided in this chapter, the supervisor is not entitled to assert any right, claim or defense other than one available to the gaming establishment or any licensee or former licensee connected therewith.

(Added to NRS by 1979, 806)