Nevada Code § 349.316

Failure of holder to proceed does not relieve State, Commission and officers, agents and employees of State of liability for nonperformance of duties
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The failure of any holder
of any state securities or any coupons appertaining thereto so to proceed as
herein provided or in such proceedings shall not relieve the State, the
Commission or any of the officers, agents and employees of the State of any
liability for failure to perform or carry out any duty, obligation or other
commitment.

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