Selling certain debt in lieu of requesting designation of debt as bad debt; deposit of money received from sale of debt.

Nev. Rev. Stat. § 353C.222
in effect
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1. If the period of limitation for the collection of a debt set forth in NRS 353C.140 has expired, the State Controller may, in lieu of requesting the State Board of Examiners to designate the debt as a bad debt pursuant to NRS 353C.220 , sell the debt to any person. 2. All money received by the State Controller from the sale of a debt pursuant to subsection 1 must be deposited in the Debt Recovery Account created by NRS 353C.226 .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-353C.htmlFetched: 10/4/2026

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