Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER159. Guardianships |
POWERS AND DUTIES OF GUARDIANS |
NRS159.093. Collecting obligations due ward.
Latest version.
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1. A guardian of the estate:
(a) Shall demand all debts and other choses in action due to the ward; and
(b) With prior approval of the court, may sue for and receive all debts and other choses in action due to the ward.
2. A guardian of the estate, with prior approval of the court by order, may compound or compromise any debt or other chose in action due to the ward and give a release and discharge to the debtor or other obligor.
(Added to NRS by 1969, 419; A 2003, 1789)