Nevada Revised Statutes

Nev. Rev. Stat. § 112.160 (2026)

Insolvency

✓ current as of July 2026
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NRS 112.160  Insolvency.

      1.  A debtor is insolvent if the sum of the debtor’s debts is greater than all of the debtor’s assets at a fair valuation.

      2.  A debtor who is generally not paying his or her debts as they become due is presumed to be insolvent.

      3.  A partnership is insolvent under subsection 1 if the sum of the partnership’s debts is greater than the aggregate, at a fair valuation, of all of the partnership’s assets and the sum of the excess of the value of each general partner’s nonpartnership assets over the partner’s nonpartnership debts.

      4.  Assets under this section do not include property that has been transferred, concealed or removed with intent to hinder, delay or defraud creditors or that has been transferred in a manner making the transfer voidable under this chapter.

      5.  Debts under this section do not include an obligation to the extent it is secured by a valid lien on property of the debtor not included as an asset.

      (Added to NRS by 1987, 10)

     

Notes of Decisions
Cited in 6 cases (1 in the last 5 years), 1996–2024 · leading case: Sportsco Enter. v. Morris, 917 P.2d 934 (Nev. 1996).
Sportsco Enter. v. Morris, 917 P.2d 934 (Nev. 1996). · cites it 4× “The relationship between Morris and the transferees was extremely close, that of parent and child.”
Wells Fargo Bank, N.A. v. Radecki, 426 P.3d 593 (Nev. 2018). “" NRS 112.160(2). We hold that the third element of an NRS 112.”
Herup v. First Boston Fin., LLC, 162 P.3d 870 (Nev. 2007). “First Boston also failed to present any evidence to the court below that the Grants were insolvent, as defined by NRS 112.160, nor did the district court make any findings with respect to the Grants’ insolvency.”
NewRez LLC v. Haddad (D. Nev. 2024). · cites it 5× “21 21 See Nev. Rev. Stat. § 112.160 . 22 22 ECF No.”
Wells Fargo Bank, N.A. Vs. Radecki, 2018 NV 74 (Nev. 2018). · cites it 2× “" NRS 112.160(2). SUPREME COURT OF NEVADA 7 We hold that the third element of an NRS 112.”
Wells Fargo Bank, N.A. Vs. Radecki, 2018 NV 74 (Nev. 2018). · cites it 2× “" NRS 112.160(2). SUPREME COURT OF NEVADA 7 We hold that the third element of an NRS 112.”
— Nev. Rev. Stat. § 112.160(2) — 3 cases
Wells Fargo Bank, N.A. v. Radecki, 426 P.3d 593 (Nev. 2018). “" NRS 112.160(2). We hold that the third element of an NRS 112.”
Wells Fargo Bank, N.A. Vs. Radecki, 2018 NV 74 (Nev. 2018). “" NRS 112.160(2). SUPREME COURT OF NEVADA 7 We hold that the third element of an NRS 112.”
Wells Fargo Bank, N.A. Vs. Radecki, 2018 NV 74 (Nev. 2018). “" NRS 112.160(2). SUPREME COURT OF NEVADA 7 We hold that the third element of an NRS 112.”
— Nev. Rev. Stat. § 112.160(5) — 1 case
NewRez LLC v. Haddad (D. Nev. 2024). “21 21 See Nev. Rev. Stat. § 112.160 . 22 22 ECF No.”
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