Nev. Rev. Stat. § 143.187

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 143.187 - Power to hold stock in name of nominee; personal liability of personal representative
1. A personal representative holding certificates of stock in that capacity may hold the stock in the name of a nominee without mention in the stock certificate or registration books, if:
(a) The records of the personal representative and all reports and accountings the personal representative renders clearly show the holding and the facts regarding it; and
(b) The nominee deposits with the personal representative a signed statement of the true interest of the personal representative.
2. A personal representative is personally liable for any loss to the estate resulting from any act of the nominee in connection with stock so held.

NRS 143.187

Added to NRS by 1961, 471; A 1999, 2297
(Added to NRS by 1961, 471; A 1999, 2297)