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 164.730 - No duty to make adjustment between principal and income; trustee immunity from liability

Nev. Rev. Stat. § 164.730

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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 164.730 - No duty to make adjustment between principal and income; trustee immunity from liability
1. The provisions of NRS 164.700 to 164.925, inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796.
2. A trustee shall not be liable for:
(a) Not considering whether to make such an adjustment; or
(b) Deciding not to make such an adjustment.

NRS 164.730

Added to NRS by 2003, 1967; A 2009, 801
Added to NRS by 2003, 1967; A 2009, 801