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Current as of January 01, 2025 | Updated by Findlaw Staff
While acting as the fiduciary of a trust, a family trust company or licensed family trust company:
1. Shall administer and manage the trust in accordance with the terms of the trust;
2. Shall administer and manage the trust in the interest of the beneficiaries of the trust;
3. Shall administer and manage the trust in accordance with the provisions of this chapter; and
4. May administer and manage the trust by the exercise of discretionary power of administration given to the fiduciary by the terms of the trust instrument.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 669A.133. Standards for administration and management of trust - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-669a-133/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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