STATE STATUTES & CODES
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NEVADA STATUTES AND CODES
Principal and Income (Uniform Act)
- 164.780 - Short title.
- 164.785 - Definitions.
- 164.790 - Allocation of receipt or disbursement to principal when terms of trust and provisions of NRS do not provide rule.
- 164.795 - Adjustment between principal and income; consideration of factors; adjustment prohibited under certain circumstances; release of power to adjust; effect of terms of trust that limit power to
- 164.796 - Circumstances under which trustee authorized to convert trust into unitrust; effect of such conversion on certain terms of trust; liability of trustee or disinterested person.
- 164.797 - Administration of unitrust: Duties of trustee; valuation of assets of trust.
- 164.798 - Administration of unitrust: Powers of trustee; manner of distributions.
- 164.799 - Trustee or beneficiary authorized to petition court to take certain actions concerning unitrust.
- 164.800 - Applicable rules after death of decedent or end of income interest in trust.
- 164.805 - Distribution of net income to beneficiaries; rules for determining share of net income.
- 164.810 - Date on which income interest begins; date on which asset becomes subject to trust or successive income interest; date on which income interest ends.
- 164.815 - Allocation of certain income receipts and disbursements; due dates for certain payments and distributions.
- 164.820 - Payment of undistributed income upon end of mandatory income interest; prorating final payment upon end of obligation to pay fixed annuity or fixed fraction of value of trust’s assets.
- 164.825 - Allocation of money received from entity to income; allocation of receipts from entity to principal; determination of money as return of capital; reliance upon financial statements and other
- 164.830 - Allocation of amount received as distribution of income to income; allocation of distribution of principal to principal; purchase of interest in trust that is investment entity.
- 164.835 - Accounting separately for business or other activity.
- 164.840 - Allocation of assets, money, property and other receipts to principal.
- 164.845 - Allocation of receipts from rental property to income; treatment of refundable deposit.
- 164.850 - Allocation of interest on obligation to pay money to trustee to income; allocation of amount received from disposition of certain obligations to principal; applicability of provisions.
- 164.855 - Allocation of proceeds of life insurance policy and certain contracts to principal; allocation of dividends on insurance policy to income or principal.
- 164.860 - Allocation of entire amount to principal if allocation between principal and income under certain circumstances is insubstantial.
- 164.865 - Allocation of certain payments received because of services rendered or property transferred to payor in exchange for future payments to income or principal, or both; certain exceptions for
- 164.870 - Allocation of receipts from liquidating assets to income and principal.
- 164.875 - Allocation of receipts from interest in minerals to income or to income and principal; allocation of receipts from interest in water to income or to income and principal; applicability.
- 164.880 - Allocation of net receipts from sale of timber and related products to income or principal, or both; applicability.
- 164.885 - Request of spouse if marital deduction is allowed and amounts transferred from principal to income and distributed are insufficient to obtain marital deduction; proceeds from sale or disposi
- 164.890 - Allocation of receipts from and disbursements made in connection with transactions in derivatives to principal; allocation of amount received for granting certain options to principal.
- 164.895 - Allocation from proceeds of collateral financial assets to income and principal; allocation of payments in exchange for interest in asset-backed security to principal or to principal and inc
- 164.900 - Disbursements required to be made from income.
- 164.905 - Disbursements required to be made from principal.
- 164.910 - Transfer of net cash receipts from principal asset subject to depreciation to principal.
- 164.915 - Transfer of amount from income to principal to make certain principal disbursements.
- 164.920 - Payment of taxes required to be paid by trustee.
- 164.925 - Adjustments between principal and income to offset shifting economic interests or tax benefits between income beneficiaries and remainder beneficiaries; reimbursement of principal if estate
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