Executory contract defined.
Nev. Rev. Stat. § 32.125
in effectExecutory contract means a contract, including a lease, under which each party has an unperformed obligation and the failure of a party to complete performance would constitute a material breach.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-032.htmlFetched: 10/4/2026
