Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 159.121. Borrowing money for protected person

1. A guardian of the estate, with prior approval of the court by order, may borrow money for the account of the protected person when necessary:

2. If the court determines that the borrowing is necessary or proper, the court shall make an order approving the borrowing and may authorize one or more separate loans. The order shall prescribe the maximum amount of each loan, the maximum rate of interest and the date of final maturity of each loan, and may authorize the guardian to secure any loan by mortgage, deed of trust, pledge or other security transaction authorized by the laws of this state. The order shall describe the property, if any, to be given as security for each loan.