Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER163. Trusts |
TRUST POWERS WHICH MAY BE INCLUDED IN A WILL OR AGREEMENT BY REFERENCE |
NRS163.290. Formation of corporation, limited-liability company or other entity.
Latest version.
- A fiduciary may form a corporation, limited-liability company or other entity, and transfer, assign and convey to the corporation, limited-liability company or entity all or any part of the estate or of any trust property in exchange for the stock, securities or obligations of the corporation, limited-liability company or entity, and continue to hold the stock and securities and obligations.
(Added to NRS by 1969, 450; A 1999, 2372)