Nevada Revised Statutes
Nev. Rev. Stat. § 645.8491 (2026)
Administrator subrogated to rights of judgment creditor; deposit of money recovered
✓ current as of July 2026
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NRS 645.8491 Administrator subrogated to rights of judgment creditor; deposit
of money recovered. When the
Administrator has paid from the Fund any money to the judgment creditor, the
Administrator is subrogated to all other rights of the judgment creditor to the
extent of the amount paid and any amount and interest so recovered by the
Administrator on the judgment must be deposited in the State Treasury for
credit to the Fund.
(Added to NRS by 1967, 1045; A 1985, 1278)
Notes of Decisions
Cited in 2
cases, 1984–1999 · leading case: Colello v. Adm'r of the Real Est. Div., 683 P.2d 15 (Nev. 1984).
Colello v. Adm'r of the Real Est. Div., 683 P.2d 15 (Nev. 1984). “95 judgment against a real estate licensee to the Administrator of the Fund pursuant to NRS 645.8491. 2 We reverse. In May, 1982, appellants were granted a judgment totaling $46,394.”
Nevada Power Co. v. Haggerty, 989 P.2d 870 (Nev. 1999). “I believe a liberal construction is all the more compelling when the protective purpose of a statute involves physical safety.”
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