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Nevada Laws
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TITLE 13 - GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
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Chapter 164 - Administration of Trusts
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MANAGEMENT AND INVESTMENT OF PROPERTY
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Prudent Investor (Uniform Act)
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NEVADA STATUTES AND CODES
Prudent Investor (Uniform Act)
164.705 - Short title.
164.710 - Administration of trust or estate by fiduciary in accordance with its terms or in accordance with provisions of NRS.
164.715 - Acting in interest of beneficiaries.
164.720 - Trust having two or more beneficiaries; impartial administration of trust or estate.
164.725 - Notice of proposed action: Authorized; to whom notice must be sent; content; objection to proposed action; liability of trustee; court order to take action over objection; burden of proof; n
164.730 - No duty to make adjustment between principal and income; trustee immunity from liability.
164.735 - Applicability.
164.740 - Duty to comply with prudent investor rule; trustee acting in reliance on trust terms immune from liability.
164.745 - Satisfaction of prudent investor standard; evaluation of decisions; consideration of circumstances; verification of facts; types of investments; special skills or expertise of trustee.
164.750 - Diversification of investments.
164.755 - Duty to bring trust portfolio into compliance with terms and circumstances of trust and provisions of NRS within reasonable time.
164.760 - Incurring costs.
164.765 - Determination of compliance with prudent investor rule.
164.770 - Delegation of functions by trustee; standard of care owed by agent; trustee immunity from liability; jurisdiction over agent.
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