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Nevada Revised Statutes (Last Updated: December 24, 2014) |
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TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
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CHAPTER163. Trusts |
| GENERAL PROVISIONS |
| NRS 163.001. Definitions. |
| NRS 163.0011. “Electronic record” defined. |
| NRS 163.0013. “Electronic signature” defined. |
| NRS 163.0015. “Electronic trust” defined. |
| NRS 163.0017. “Record” defined. |
| NRS 163.0019. Terms: “Writing” or “written.” |
| NRS 163.00195. Enforcement of no-contest clauses; exceptions. |
| CREATION AND VALIDITY OF TRUSTS |
| NRS 163.002. Creation: Methods. |
| NRS 163.003. Creation: Requirements. |
| NRS 163.004. Creation: Purpose; terms. |
| NRS 163.005. Creation: Consideration. |
| NRS 163.006. Creation: Beneficiary. |
| NRS 163.007. Validity of trust providing for one or more successor beneficiaries. |
| NRS 163.0075. Validity of trust providing for care of one or more animals. |
| NRS 163.008. Validity of trust created in relation to real property; recordation. |
| NRS 163.009. Oral trust of personal property. |
| NRS 163.0095. Electronic trust. |
| TRUSTS (UNIFORM ACT) |
| NRS 163.010. Short title. |
| NRS 163.020. Definitions. |
| NRS 163.023. Powers of trustee. |
| NRS 163.027. Distribution of property or money of trust: Powers of trustee; manner; consent of affected beneficiaries required for distribution without proration under certain circumstances. |
| NRS 163.030. Loan of money held in trust. |
| NRS 163.040. Corporate trustee may deposit with self certain money held in trust. |
| NRS 163.050. Trustee buying from or selling to self or affiliate. |
| NRS 163.060. Trustee selling from one trust to self as trustee of another trust. |
| NRS 163.070. Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized. |
| NRS 163.080. Voting stock. |
| NRS 163.090. Holding stock in name of nominee. |
| NRS 163.100. Powers of trustee attached to office. |
| NRS 163.115. Breach of trust by trustee: Maintenance of proceeding; permissible purposes for maintenance of proceeding; nonexclusivity of remedies; method of commencing proceeding. |
| NRS 163.120. Claims based on certain contracts or obligations: Assertion against trust; entry of judgment; notice; intervention; personal liability of trustee; significance of use of certain terms. |
| NRS 163.130. Exoneration or reimbursement of trustee for tort. |
| NRS 163.145. Using power to appoint or distribute income to discharge own legal obligation prohibited. |
| NRS 163.150. Withdrawal from mingled money of multiple trusts. |
| NRS 163.160. Power of settlor; liability of trustee for breach of trust. |
| NRS 163.170. Power of beneficiary. |
| NRS 163.180. Power of court. |
| NRS 163.185. Power of court to order termination and distribution of trust before time provided in trust instrument. |
| NRS 163.190. Penalty for violation of certain provisions of chapter. |
| NRS 163.200. Uniformity of interpretation. |
| TESTAMENTARY ADDITIONS TO TRUSTS (UNIFORM ACT) |
| NRS 163.220. Short title. |
| NRS 163.230. Testamentary addition to trust. |
| NRS 163.250. Uniformity of interpretation. |
| TRUST POWERS WHICH MAY BE INCLUDED IN A WILL OR AGREEMENT BY REFERENCE |
| NRS 163.260. Incorporation by reference of powers enumerated in NRS 163.265 to 163.410, inclusive; restriction on exercise of such powers. |
| NRS 163.265. Retention of property. |
| NRS 163.270. Sale, exchange or other disposition of property. |
| NRS 163.275. Investments; reinvestments; delegation of authority to invest. |
| NRS 163.280. Investments without diversification. |
| NRS 163.285. Continuation of business. |
| NRS 163.290. Formation of corporation, limited-liability company or other entity. |
| NRS 163.295. Continuation of farming operation. |
| NRS 163.300. Management of real property. |
| NRS 163.305. Payment of taxes and expenses. |
| NRS 163.310. Receipt of additional property. |
| NRS 163.315. Dealing with other fiduciaries. |
| NRS 163.320. Borrowing money; renewing existing loans. |
| NRS 163.325. Advancing money. |
| NRS 163.330. Voting shares. |
| NRS 163.335. Registration in name of nominee. |
| NRS 163.340. Exercise of options, rights and privileges. |
| NRS 163.345. Participation in reorganization. |
| NRS 163.350. Reduction of interest rate. |
| NRS 163.355. Continuation of obligation. |
| NRS 163.360. Foreclosure; bidding in property. |
| NRS 163.365. Insurance. |
| NRS 163.370. Collections. |
| NRS 163.375. Litigation, compromise or abandonment of claim. |
| NRS 163.380. Employment and compensation of persons. |
| NRS 163.385. Acquisition and holding of property of two or more trusts undivided. |
| NRS 163.390. Establishment and maintenance of reserves. |
| NRS 163.395. Distribution in cash or kind. |
| NRS 163.400. Payment to or for minor or incapacitated person. |
| NRS 163.405. Apportionment or allocation of receipts and expenses. |
| NRS 163.410. Execution of contract or other instrument. |
| CONTROL OF TRUSTS |
| NRS 163.414. Definitions. |
| NRS 163.4145. “Beneficial interest” defined. |
| NRS 163.4147. “Beneficiary” defined. |
| NRS 163.415. “Distribution beneficiary” defined. |
| NRS 163.4155. “Distribution interest” defined. |
| NRS 163.4157. “Power of appointment” defined. |
| NRS 163.416. “Remainder interest” defined. |
| NRS 163.4165. “Reserved power” defined. |
| NRS 163.4167. Common law. |
| NRS 163.417. Limitations on actions of creditors and courts: Trust property not subject to trustee’s personal obligations; beneficial interests may not be transferred under certain circumstances. |
| NRS 163.4175. Trustee not required to consider certain factors with regard to distribution of trust assets. |
| NRS 163.4177. Factors which must not be considered exercising improper dominion or control over trust. |
| NRS 163.4185. Classifications of distribution interests. |
| NRS 163.4187. Support interest: Beneficiary has enforceable right to distribution; court review. |
| NRS 163.419. Discretionary interest: Court review; trustee’s powers and duties. |
| CHARITABLE TRUSTS |
| NRS 163.420. Short title. |
| NRS 163.430. Declaration of policy. |
| NRS 163.440. References to Internal Revenue Code. |
| NRS 163.450. Definitions. |
| NRS 163.460. “Charitable trust” defined. |
| NRS 163.470. “Private foundation trust” defined. |
| NRS 163.480. “Split interest trust” defined. |
| NRS 163.490. “Trust” defined. |
| NRS 163.500. “Trustee” defined. |
| NRS 163.510. Applicability. |
| NRS 163.520. Prohibited acts. |
| NRS 163.530. Minimum distribution required. |
| NRS 163.540. Amendment of trust instrument: Procedure. |
| NRS 163.550. Amendment of trust instrument: Provision for termination of status as private foundation. |
| DIRECTED TRUSTS |
| NRS 163.553. Definitions. |
| NRS 163.5533. “Custodial account” defined. |
| NRS 163.5535. “Custodial account owner” defined. |
| NRS 163.5537. “Distribution trust adviser” defined. |
| NRS 163.5539. “Excluded fiduciary” defined. |
| NRS 163.554. “Fiduciary” defined. |
| NRS 163.5541. “Instrument” defined. |
| NRS 163.5543. “Investment trust adviser” defined. |
| NRS 163.5545. “Trust adviser” defined. |
| NRS 163.5547. “Trust protector” defined. |
| NRS 163.5549. Limitations on liability of excluded fiduciary. |
| NRS 163.555. Action authorized upon incapacity or death of settlor. |
| NRS 163.5551. Circumstances in which trust advisers are considered fiduciaries. |
| NRS 163.5553. Powers of trust protector. |
| NRS 163.5555. Trust protector and trust adviser: Submission to jurisdiction of courts of this State. |
| NRS 163.5557. Powers of investment trust adviser and distribution trust adviser. |
| NRS 163.5559. Claims of creditors against settlor. |
| NRS 163.556. Circumstances under which trustee is authorized to appoint property of one testamentary trust or irrevocable trust to another trust. |
| MISCELLANEOUS PROVISIONS |
| NRS 163.558. Authority of settlor to specify conditions. |
| NRS 163.560. Irrevocable trust not to be construed as revocable. |
| NRS 163.565. Effect of divorce or annulment of marriage of settlor on revocable inter vivos trust. |
| NRS 163.570. Powers of trustee concerning gifts made by surviving spouse of decedent. |
| NRS 163.580. Duty of third person to ensure proper application of trust property. |
| NRS 163.590. Disposition of certain tangible personal property by reference to statement or list; requirements for admissibility of statement or list as evidence of intended disposition. |