Nev. Rev. Stat. § 165.1204

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 165.1204 - Applicability to nontestamentary trusts; general duties of trustee
1. The trustee of a nontestamentary trust has a duty to account for the trust estate in accordance with the provisions of NRS 165.1201 to 165.148, inclusive.
2. The trustee of a nontestamentary trust shall satisfy the duty to account by delivery of an account in the form, manner and to the persons as required by the terms and conditions stated in the trust instrument.

NRS 165.1204

Added to NRS by 2015, 3556
Added by 2015, Ch. 524,§72, eff. 10/1/2015.