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Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 159A.1515. Sale of personal property of protected minor by guardian without notice

Current as of January 01, 2025 | Updated by Findlaw Staff

1. A guardian may sell, dispose of or authorize the immediate destruction of personal property of the protected minor without notice, and title to the property passes without confirmation by the court if:

(a) The property will depreciate in value if not disposed of promptly;

(b) The property will incur loss or expense by being kept;

(c) The property has been contaminated by vermin or biological or chemical agents and the expenses related to the decontamination of the property cause salvage to be impractical;

(d) The property constitutes an immediate threat to the public health or safety; or

(e) The handling, transfer or storage of the property might endanger public health or safety or exacerbate contamination.

2. The guardian is responsible for the actual value of the personal property unless the guardian obtains confirmation by the court of the sale.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 159A.1515. Sale of personal property of protected minor by guardian without notice - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-13-guardianships-conservatorships-trusts/nv-rev-st-159a-1515/

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