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NEVADA STATUTES AND CODES

253.110 - Prohibition against interest in expenditures.

253.110  Prohibition against interest in expenditures.  No public administrator may be:

      1.  Interested in any expenditures of any kind, made on account of any estate of a deceased person which he or she is administering, except as necessarily made in the course of the administration.

      2.  Associated in business with anyone so interested.

      [6:88:1883; BH § 2226; C § 2377; RL § 1620; NCL § 2097]—(NRS A 1987, 109)

      NRS 253.120  Expiration of term: Surrender of books and papers; successor administrator.  Public administrators shall, at the expiration of their terms of office, surrender up to their successors in office all the books or papers belonging or appertaining to the office, including all exhibits, estates, money and property in their possession; but upon the expiration of the term of office of any public administrator before the entry of a decree of distribution in any estate for which the public administrator is the duly appointed, qualified and acting administrator, if good cause be shown therefor, the court shall enter an order in such estate, authorizing and directing a person to whom letters have been issued, to close up the estate as expeditiously as possible, or the court shall enter an order requiring the filing of a petition for letters by the successor in office of the public administrator.

      [14:88:1883; A 1921, 149; NCL § 2104]

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