Disposition of unclaimed property.
Nev. Rev. Stat. § 396.432
in effectAny property which is in the possession of any authorized agent of the System and which is not claimed within 1 year by the owner of the property or the owners authorized agent or representative must be disposed of by the System in the following manner:
1. Money may be forfeited to the System;
2. Personal property may be sold at public auction and the proceeds forfeited to the System; and
3. Any property not otherwise disposed of as provided in this section must be donated to a charitable institution.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-396.htmlFetched: 10/4/2026
