NRS Ch. 120A · Nevada State Treasurer — Unclaimed Property Division
Nevada Corporate-Domicile Negative Report Trap & October 31 Compliance
Every Nevada LLC or corporation—regardless of physical location—faces strict annual reporting obligations including mandatory negative reports and Second-Priority escheatment.
Deadline: October 31
Cutoff: June 30
No Statutory B2B Exemption
Zero Report: Mandatory
Nevada Statutory Dormancy & Compliance Schedule
| NAUPA Property Stream | Statutory Dormancy | Compliance Rule |
|---|---|---|
| Uncashed AP Vendor Checks (CK13) | 3 yrs | Nevada has no B2B exemption; commercial AP checks and AR credits are reportable after 3 years. |
| Payroll, Wages & Commissions (MS01) | 1 yr | Never B2B exempt; applies to employee final & bonus checks. |
| AR Credit Balances & Overpayments (MS09) | 3 yrs | Write-offs to income do not extinguish reporting obligation. |
| Customer Refunds (MS05) | 3 yrs | Due diligence window: 60–120 days prior to October 31. |
| Gift Cards & Stored Value (GC / MS12) | 3 yrs (60% of face value in some cases) | Unaddressed cards route to corporate domicile under 2nd Priority. |
| Securities & Dividends (SC01 / SC08) | 3 yrs | Certified mail required for securities, crypto, or IRAs >= $1,000 |
| Virtual Currency / Digital Assets (VC) | 3 yrs | Verify liquidation vs. native custodial transfer mandate. |
Key Nevada Compliance Traps & Enforcement Risks
Nevada Incorporation Second-Priority & Zero-Report Mandate
Companies formed in Nevada instead of Delaware still face Second-Priority escheatment on unknown-address items plus Nevada's strict mandatory negative reporting rule.
Nevada State Treasurer VDA Program
Remediation agreement waiving penalties for Nevada-incorporated or operating companies catching up on delinquent reports.
Statutory Interest & Penalties: Statutory interest + penalties for missed NV-domicile zero filings. Negative Report Policy: STRICT: Required annually for ALL entities incorporated, organized, or licensed to do business in Nevada!
Statutory Questions & Answers
Do Nevada LLCs with zero unclaimed property still have to file?
Yes. Nevada enforces mandatory annual negative reporting for entities incorporated or licensed in the state.