Nevada Revised Statutes Section 78.715 - Business Associations - Securities - Commodities

Acts of majority of receivers effectual; removal and vacancies.

1. Every matter and thing by this chapter required to be done by receivers or trustees shall be good and effectual, to all intents and purposes, if performed by a majority of them.

2. The district court may remove any receiver or trustee and appoint another or others in his place to fill any vacancy which may occur.

Last modified: February 26, 2006