Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER111. Estates in Property; Conveyancing and Recording |
NONPROBATE TRANSFER OF PROPERTY UPON DEATH |
Accounts in Financial Institutions |
NRS111.783. Applicability.
Latest version.
- The provisions of NRS 111.783 to 111.815, inclusive:
1. Apply to accounts in financial institutions in this State for which ownership is determined under Nevada law.
2. Do not apply to:
(a) An account established for a partnership, joint venture or other organization for a business purpose;
(b) An account controlled by one or more persons as an agent or trustee for a corporation, unincorporated association or charitable or civic organization; or
(c) A fiduciary or trust account in which the relationship is established other than by the terms of the account.
(Added to NRS by 2011, 1428)