Nevada Revised Statutes Section 673.577 - Financial Institutions

Claims for damages from disaffirmance of executory contract or lease. Claims for damages resulting from the disaffirmance of an executory contract or lease by the Commissioner may be filed and allowed. No claim of a landlord for damages resulting from the disaffirmance of an unexpired lease of real property or under any covenant of the lease may be allowed in an amount exceeding the rent reserved by the lease, without acceleration, for the year succeeding the date of the surrender of the premises plus the amount of any unpaid accrued rent without acceleration. Any such claim must be filed within 30 days of the date of the disaffirmance.

Last modified: February 26, 2006