Nev. Rev. Stat. § 86.5424
Sales of encumbered or deteriorating property
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NRS 86.5424 Sales of encumbered or deteriorating property. Where property of an insolvent
limited-liability company is at the time of the appointment of a receiver
encumbered with mortgages or other liens, the legality of which is brought in
question, or the property is of a character which will materially deteriorate
in value pending the litigation, the district court may order the receiver to
sell the same, clear of encumbrances, at public or private sale, for the best
price that can be obtained, and pay the money into court, there to remain
subject to the same liens and equities of all parties in interest as was the
property before sale, to be disposed of as the court shall direct.
(Added to NRS by 2019, 2495)