Title 17 · NRS Chapter 17

“Date of conversion” defined.

Citation: NRS 17.460

Section: 17.17.460

NRS

17.460

“Date of conversion” defined.

“Date of conversion” means the banking day next preceding the date on which money, in accordance with NRS 17.410 to 17.660 , inclusive, is:

1. Paid to a claimant in an action or distributive proceeding;

2. Paid to the officer designated by law to enforce a judgment or award on behalf of a claimant; or

3. Used to recoup, set off or counterclaim in different moneys in an action or distributive proceeding.

(Added to NRS by 1993, 194 )