Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER164. Administration of Trusts |
MANAGEMENT AND INVESTMENT OF PROPERTY |
Prudent Investor (Uniform Act) |
NRS164.760. Incurring costs.
Latest version.
- In investing and managing trust property, a trustee may only incur costs that are appropriate and reasonable in relation to the property, the purposes of the trust and the skills of the trustee.
(Added to NRS by 2003, 1968)