Sale of forfeited property; use of proceeds; deposit and distribution of balance of proceeds; return of property or payment of certain encumbrances.
Nev. Rev. Stat. § 179.1233
in effect1. The State, county or city shall sell any property forfeited pursuant to NRS 179.1219 or 179.1229 as soon as commercially feasible. Except as otherwise provided in subsection 2, the proceeds from such a sale must be used first for payment of all proper expenses of any proceedings for the forfeiture and sale, including, without limitation, any expenses for the seizure and maintenance of the property, advertising and court costs. The balance of the proceeds, if any, must be deposited in the State Treasury and accounted for separately in the State General Fund.
2. If the property forfeited is encumbered by a bona fide security interest and the secured party shows that the secured party did not consent or have knowledge of the violation causing the forfeiture, the State, county or city shall pay the existing balance or return the property to the secured party.
3. The proceeds deposited in the account pursuant to subsection 1:
(a) Must be distributed by the Attorney General to the federal, state and local law enforcement agencies that participated in the investigation of the unlawful act giving rise to the criminal or civil forfeiture in accordance with the level of participation of each law enforcement agency as determined by the Attorney General. If the participating law enforcement agencies have entered into an agreement to share any such money, the Attorney General shall distribute the money to the law enforcement agencies in accordance with the provisions of the agreement.
(b) Do not revert to the State General Fund at the end of each fiscal year.
4. Any claims against the account must be paid as other claims against the State are paid.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-179.htmlFetched: 10/4/2026