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Statute 78 640 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 78 640

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All real and personal property of an insolvent corporation, wheresoever situated, and all its franchises, rights, privileges and effects shall, upon the appointment of a receiver, forthwith vest in the receiver, and the corporation shall be divested of the title thereto. [48:177:1925; NCL § 1647]