Nev. Rev. Stat. § 165.1201

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 165.1201 - Applicability to testamentary trusts; general duties of trustee
1. Except as otherwise provided in this chapter, the provisions of NRS 165.1204 apply to a testamentary trust.
2. Except as otherwise provided by the will creating a testamentary trust or by a court order, until the termination of a testamentary trust, the trustee shall account for the income and principal of a testamentary trust in the same manner as required by a trustee of a nontestamentary trust pursuant to NRS 165.1201 to 165.148, inclusive.

NRS 165.1201

Added to NRS by 2015, 3556
Added by 2015, Ch. 524,§71, eff. 10/1/2015.