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Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 164.730. No duty to make adjustment between principal and income; trustee immunity from liability

Current as of January 01, 2021 | Updated by FindLaw Staff

1. The provisions of NRS 164.700 to 164.925, inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796.

2. A trustee shall not be liable for:

(a) Not considering whether to make such an adjustment; or

(b) Deciding not to make such an adjustment.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 164.730. No duty to make adjustment between principal and income; trustee immunity from liability - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-13-guardianships-conservatorships-trusts/nv-rev-st-164-730/

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