Nev. Rev. Stat. § 163.170

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 163.170 - Power of beneficiary

A beneficiary of a trust affected by NRS 163.010 to 163.200, inclusive, may, if of full legal capacity and acting upon full information, by written instrument delivered to the trustee, relieve the trustee as to that beneficiary from any or all of the duties, restrictions and liabilities which would otherwise be imposed on the trustee by NRS 163.010 to 163.200, inclusive, except as to the duties, restrictions and liabilities imposed by NRS 163.030, 163.040 and 163.050. The beneficiary may release the trustee from liability to him or her for past violations of any of the provisions of NRS 163.010 to 163.200, inclusive.

NRS 163.170

[16:136:1941; 1931 NCL § 7718.45]-(NRS A 1999, 2370; 2019, 1864)
Amended by 2019, Ch. 309,§28, eff. 10/1/2019.
[16:136:1941; 1931 NCL § 7718.45 ] - (NRS A 1999, 2370)