Statutes, codes, and regulations
Nevada Revised Statutes
Title 13 - GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTSChapter 164 - ADMINISTRATION OF TRUSTSMANAGEMENT AND INVESTMENT OF PROPERTY
PRUDENT INVESTOR (UNIFORM ACT)
Section 164.755 - Duty to bring trust portfolio into compliance with terms and circumstances of trust and provisions of NRS within reasonable time

Nev. Rev. Stat. § 164.755

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 164.755 - Duty to bring trust portfolio into compliance with terms and circumstances of trust and provisions of NRS within reasonable time

Within a reasonable time after accepting a trusteeship or receiving trust property, a trustee shall review the trust property and make and carry out decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, requirements for distribution and other circumstances of the trust, and with the requirements of NRS 164.700 to 164.775, inclusive.

NRS 164.755

Added to NRS by 2003, 1968
Added to NRS by 2003, 1968