reglab/statecodes huggingface dataset:
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.165 - Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance; hearing; notice; termination; prohibition on bond requirement in certain circumstances.

1. Except as otherwise provided in subsection 6, on petition or ex parte application of an interested person, the court, with or without bond, may enter an ex parte order restraining a personal representative from performing specified acts of administration, disbursement or distribution, or exercising any powers or discharging any duties of the office, or enter any other order to secure proper performance of the duties of the office to be effective until further order of the court. Notwithstanding any other provision of law, if it appears to the court that the personal representative otherwise may take action that would jeopardize unreasonably the interest of the petitioner, of some other interested person or the estate, the court may enter the ex parte order. A person with whom the personal representative may transact business may be made a party to the ex parte order.
2. Any ex parte orders entered pursuant to subsection 1 must be set for hearing within 10 days after entry of the ex parte order, unless the parties otherwise agree, or on a date the court otherwise determines is in the best interest of the estate.
3. Notice of entry of the ex parte order entered pursuant to subsection 1 must be given by the petitioner or applicant to the personal representative and the attorney of record of the personal representative, if any, to any other party named as a party in the ex parte order and as otherwise directed by the court.
4. The court may impose a fine on an interested person who obtains an ex parte order pursuant to this section without probable cause.
5. The court may, at any time, terminate an ex parte order entered pursuant to subsection 1 on its own motion or upon petition of the personal representative if it no longer appears to the court that the personal representative otherwise may take action that would jeopardize unreasonably the interest of the petitioner, of some other interested person or the estate.
6. A public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, must not be required to post a bond for obtaining any order pursuant to this section.
(Added to NRS by 1997, 1485; A 1999, 2295; 2017, 1678; 2019, 1856; 2021, 971)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.170 - Purchase of property of estate by personal representative.

Unless approved in advance by a court after application, notice and a hearing on the matter, a personal representative shall not directly or indirectly purchase any property of the estate represented by the personal representative.
[190:107:1941; 1931 NCL § 9882.190]—(NRS A 1999, 2295; 2001, 2345)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.175 - Power to make certain investments.

1. Except as otherwise provided in NRS 143.515, a personal representative may, with court approval:
(a) Invest the property of the estate, make loans and accept security therefor, in the manner and to the extent authorized by the court; and
(b) Exercise options of the estate to purchase or exchange securities or other property.
2. A personal representative may, without prior approval of the court, invest the property of the estate in:
(a) Savings accounts in a bank, credit union, savings and loan association or savings bank in this State, to the extent that the deposit is insured by the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or a private insurer approved pursuant to NRS 672.755;
(b) Interest-bearing obligations of, or fully guaranteed by, the United States;
(c) Interest-bearing obligations of the United States Postal Service or the Federal National Mortgage Association;
(d) Interest-bearing obligations of this State or of a county, city or school district of this State;
(e) Money-market mutual funds that are invested only in obligations listed in paragraphs (a) to (d), inclusive; or
(f) Any other investment authorized by the will of the decedent.
(Added to NRS by 1975, 1766; A 1999, 1458, 2295; 2001, 91; 2011, 1454)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.180 - Power to make loans, advances of credit and other investments insured by Federal Housing Administrator; validation of loans, advances of credit and purchases of obligations made before October 1, 1999.

1. Subject to such regulations as may be prescribed by the Federal Housing Administrator, a personal representative may:
(a) Make such loans and advances of credit, and purchases of obligations representing the loans and advances of credit, as are eligible for insurance by the Federal Housing Administrator, and obtain such insurance.
(b) Make such loans secured by mortgage on real property as are eligible for insurance by the Federal Housing Administrator, and obtain such insurance.
(c) Purchase, invest in, and dispose of notes or bonds secured by mortgage insured by the Federal Housing Administrator, securities of national mortgage associations, and debentures issued by the Federal Housing Administrator.
2. No law of this State prescribing the nature, amount or form of security or requiring security upon which loans or advances of credit may be made, or prescribing or limiting interest rates upon loans or advances of credit, or prescribing or limiting the period for which loans or advances of credit may be made, applies to loans, advances of credit or purchases made pursuant to subsection 1.
3. All above-described loans, advances of credit, and purchases of obligations made and insured pursuant to the terms of the National Housing Act before October 1, 1999, are hereby validated and confirmed.
[Part 1:58:1935; A 1937, 147; 1939, 43; 1931 NCL § 3652.01] + [Part 2:58:1935; 1931 NCL § 3652.02] + [3:58:1935; 1931 NCL § 3652.03]—(NRS A 1999, 2296)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.185 - Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives.

A personal representative may purchase, invest in, and dispose of:
1. Farm loan bonds, consolidated farm loan bonds, debentures, consolidated debentures and other obligations issued by federal land banks and federal intermediate credit banks under the authority of the Federal Farm Loan Act, formerly 12 U.S.C. §§ 636 to 1012, inclusive, and §§ 1021 to 1129, inclusive, and the Farm Credit Act of 1971, 12 U.S.C. §§ 2001 et seq., as amended; and
2. Bonds, debentures, consolidated debentures and other obligations issued by banks for cooperatives under the authority of the Farm Credit Act of 1933, formerly 12 U.S.C. §§ 1131 to 1138e, inclusive, and the Farm Credit Act of 1971, 12 U.S.C. §§ 2001 et seq., as amended.
(Added to NRS by 1959, 33; A 1973, 1088; 1991, 461; 1999, 2297)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.187 - Power to hold stock in name of nominee; personal liability of personal representative.

1. A personal representative holding certificates of stock in that capacity may hold the stock in the name of a nominee without mention in the stock certificate or registration books, if:
(a) The records of the personal representative and all reports and accountings the personal representative renders clearly show the holding and the facts regarding it; and
(b) The nominee deposits with the personal representative a signed statement of the true interest of the personal representative.
2. A personal representative is personally liable for any loss to the estate resulting from any act of the nominee in connection with stock so held.
(Added to NRS by 1961, 471; A 1999, 2297)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.190 - Cumulative method of service of process on personal representative; written statement containing permanent address of personal representative to be filed with clerk.

1. Before letters are delivered to a personal representative, the personal representative shall file with the county clerk of the county in which the administration of the estate is pending a written statement containing the name and permanent address of the personal representative. The permanent address may, from time to time, be changed by filing with the county clerk a written statement giving the changed address. The permanent address shall be deemed to be that contained in the last statement so filed by the personal representative.
2. The taking of his or her oath of office by a personal representative constitutes an appointment of the county clerk of the county in which the administration of the estate is pending to be the true and lawful attorney, upon whom all legal process in any action or proceeding against the personal representative may be served, with the same legal force and effect as if served upon the personal representative personally within the State of Nevada.
3. Service of process may be made by mailing by registered or certified mail a copy of the process, and if the process is a summons, there must be attached thereto a copy of the complaint certified by the clerk or the plaintiff’s attorney, directly to the personal representative at the address contained in the statement filed with the clerk. This service is sufficient personal service upon the personal representative if proof of the service is filed with the clerk.
4. The court in which the action is pending may order such continuances as may be necessary to afford the personal representative reasonable opportunity to defend the action.
5. The foregoing method of service is cumulative, and does not prevent the personal service of process upon the personal representative within the State of Nevada.
[324:107:1941; 1931 NCL § 9882.324]—(NRS A 1969, 95; 1983, 262; 1999, 2297)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.200 - Actions not to abate on death, disqualification, resignation or removal of personal representative; substitution of successor.

No action to which a personal representative is a party abates by reason of the death, disqualification, resignation or removal of the personal representative, but the person who is appointed, qualifies and is acting as the successor must, upon motion, be substituted as a party to the action.
[325:107:1941; 1931 NCL § 9882.325]—(NRS A 1999, 2298)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.305 - Definitions.

As used in NRS 143.300 to 143.815, inclusive, unless the context otherwise requires, the words and terms defined in NRS 143.310, 143.315 and 143.320 have the meanings ascribed to them in those sections.
(Added to NRS by 2011, 1437; A 2021, 972)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.310 - "Court supervision" defined.

"Court supervision" means the judicial order, authorization, approval, confirmation or instructions that would be required if authority to administer the estate had not been granted pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1437)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.315 - "Full authority" defined.

"Full authority" means the authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, that includes all the powers granted pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1437)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.320 - "Limited authority" defined.

"Limited authority" means authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, that includes all the powers granted pursuant to NRS 143.300 to 143.815, inclusive, except the power to do any of the following:
1. Sell real property.
2. Exchange real property.
3. Grant an option to purchase real property.
4. Borrow money with the loan secured by an encumbrance upon real property.
(Added to NRS by 2011, 1437)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.330 - Effect of provision in will that prohibits independent administration of estate.

The personal representative may not be granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, if the decedent’s will provides that the estate must not be administered pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1437)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.335 - Independent administration of estate by special administrator.

A special administrator may be granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, if the special administrator is appointed with, or has been granted, the powers of a general personal representative.
(Added to NRS by 2011, 1437)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.340 - Personal representative required to petition for full or limited authority to administer estate.

1. To obtain authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, the personal representative must petition the court for that authority in a petition for appointment of the personal representative or in a separate petition filed in the estate proceedings.
2. The personal representative may request either of the following:
(a) Full authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive; or
(b) Limited authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1437)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.345 - Notice of hearing on petition; persons required to receive notice; contents.

1. If the authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, is requested in a petition for appointment of the personal representative, notice of the hearing on the petition must be given for the period and in the manner applicable to the petition for appointment.
2. Where proceedings for the administration of the estate are pending at the time a petition is filed pursuant to NRS 143.340, notice of the hearing on the petition must be given for the period and in the manner provided in NRS 155.010 to all the following persons:
(a) Each person specified in NRS 155.010;
(b) Each known heir whose interest in the estate would be affected by the petition;
(c) Each known devisee whose interest in the estate would be affected by the petition;
(d) Each person named as personal representative in the will of the decedent; and
(e) The public administrator of the county or a person employed or contracted with pursuant to NRS 253.125, as applicable, if the decedent died intestate and the petitioner is not the surviving spouse or kindred under NRS 139.040, regardless of any nomination by an heir.
3. The notice of hearing of the petition for authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, whether included in the petition for appointment or in a separate petition, must include a statement in substantially the following form:
The petition requests authority to administer the estate under the Independent Administration of Estates Act. This will avoid the need to obtain court approval for many actions taken in connection with the estate. However, before taking certain actions, the personal representative will be required to give notice to interested persons unless they have waived notice or have consented to the proposed action. Independent administration authority will be granted unless good cause is shown why it should not be.
(Added to NRS by 2011, 1437; A 2021, 972)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.350 - Court authorized to grant requested authority; exceptions.

1. Except as otherwise provided in subsection 2, unless an interested person, including, without limitation, a person who receives notice under NRS 143.345, objects in writing at or before the hearing to the granting of authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, and the court determines that the interested person has shown good cause why the authority to administer the estate under those provisions should not be granted, the court may grant the requested authority.
2. If the interested person has shown good cause why only limited authority should be granted, the court may grant limited authority.
(Added to NRS by 2011, 1438; A 2021, 973)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.352 - Acceptance of or refusal to accept letters of administration or letters testamentary.

1. Except as otherwise provided in subsection 2:
(a) A person shall either accept letters of administration or letters testamentary that have been certified within 60 days after presentation of the certified letters of administration or letters testamentary for acceptance, or request a translation or an opinion of counsel, not later than 10 days after such presentation;
(b) If a person requests a translation or an opinion of counsel, the person shall accept the certified letters of administration or letters testamentary not later than 5 days after receipt of the translation or opinion of counsel; and
(c) A person may not require an additional or different form of certified letters of administration or letters testamentary for authority granted in the letters presented.
2. A person is not required to accept certified letters of administration or letters testamentary if:
(a) The person is not otherwise required to engage in a transaction with the personal representative in the same circumstances;
(b) Engaging in a transaction with the personal representative in the same circumstances would be inconsistent with federal law;
(c) The person has actual knowledge of the termination of the personal representative’s authority before the exercise of authority; or
(d) A request for a translation or an opinion of counsel is refused.
3. A person who refuses to accept certified letters of administration or letters testamentary in violation of this section is subject to:
(a) A court order mandating acceptance of the certified letters of administration or letters testamentary; and
(b) Liability for reasonable attorney’s fees and costs incurred in any action or proceeding that confirms the validity of the certified letters of administration or letters testamentary or mandates acceptance of the certified letters of administration or letters testamentary.
4. After accepting certified letters of administration or letters testamentary, a person may request newly certified letters of administration or letters testamentary any time after the 6-month period following the date of the previous acceptance of certified letters of administration or letters testamentary for the purpose of validating the continued authority of the personal representative.
(Added to NRS by 2021, 969)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.355 - Amount of bond of personal representative.

1. If the personal representative is otherwise required to file a bond and has full authority, the court shall fix the amount of the bond at not more than the estimated value of the personal property, the estimated value of the decedent’s interest in the real property authorized to be sold pursuant to NRS 143.300 to 143.815, inclusive, and the probable annual gross income of the estate or, if the bond is to be given by personal sureties, at not less than twice that amount.
2. If the personal representative is otherwise required to file a bond and has limited authority, the court shall fix the amount of the bond at not more than the estimated value of the personal property and the probable annual gross income of the estate or, if the bond is to be given by personal sureties, at not less than twice that amount.
(Added to NRS by 2011, 1438)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.360 - Petition for modification or revocation of authority of personal representative; notice; court order.

1. Any interested person may file a petition requesting that the court make either of the following orders:
(a) An order revoking the authority of the personal representative to continue administration of the estate pursuant to NRS 143.300 to 143.815, inclusive; or
(b) An order revoking the full authority of the personal representative to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, and granting the personal representative limited authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive.
2. The petition must set forth the basis for the requested order.
3. The petitioner shall give notice for the period and in the manner provided in NRS 155.010.
4. If the court determines that good cause has been shown, the court shall make an order revoking the authority of the personal representative to continue administration of the estate pursuant to NRS 143.300 to 143.815, inclusive. Upon the making of the order, new letters must be issued without the authority to act pursuant to NRS 143.300 to 143.815, inclusive.
5. If the personal representative was granted full authority and the court determines that good cause has been shown, the court shall make an order revoking the full authority and granting the personal representative limited authority. Upon the making of the order, new letters must be issued indicating whether the personal representative is authorized to act pursuant to NRS 143.300 to 143.815, inclusive, and, if so authorized, whether the independent administration authority includes or excludes the power to do any of the following:
(a) Sell real property;
(b) Exchange real property;
(c) Grant an option to purchase real property; or
(d) Borrow money with the loan secured by an encumbrance upon real property.
(Added to NRS by 2011, 1438)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.365 - Authority to administer estate without court supervision; request for court supervision.

1. Subject to the limitations and conditions of NRS 143.300 to 143.815, inclusive, a personal representative who has been granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, may administer the estate as provided pursuant to NRS 143.300 to 143.815, inclusive, without court supervision, but in all other respects, the personal representative shall administer the estate in the same manner as a personal representative who has not been granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive.
2. Notwithstanding the provisions of subsection 1, the personal representative may obtain court supervision of any action to be taken by the personal representative during administration of the estate.
(Added to NRS by 2011, 1439)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.372 - Documents to be presented before transfer of property according to court order; compliance or refusal to comply with court order.

1. A person holding property that is attributable to a decedent may only request the presentation of the following items before transferring such property in accordance with a court order providing to whom such property is to be transferred:
(a) A certified copy of the court order providing to whom such property is to be transferred;
(b) A certified copy of letters of administration or letters testamentary;
(c) The identification and contact information of the personal representative;
(d) Tax information, if necessary; and
(e) Documents evidencing the death of the decedent.
2. Except as otherwise provided in subsection 3, if a person holding property that is attributable to a decedent:
(a) Requests the presentation of any of the items set forth in subsection 1, the person must accept and comply with the court order providing to whom such property is to be transferred not later than 10 days after the presentation of all items requested pursuant to subsection 1.
(b) Does not request the presentation of any of the items set forth in subsection 1, the person must accept and comply with the court order providing to whom such property is to be transferred not later than 10 days after being presented with the court order.
3. A person holding property that is attributable to a decedent is not required to transfer such property if:
(a) The certification of the court order, letters of administration or letters testamentary presented is older than 180 days;
(b) The court order is inconsistent with federal law; or
(c) The person has actual knowledge that the person presenting the court order is not a personal representative of the estate of the decedent.
4. The lack of legal or actual notice of the court proceeding resulting in the issuance of the court order providing to whom property is to be transferred is not a defense to not complying with the order unless an actual dispute exists over title to the property.
5. A person who timely complies with a court order in accordance with this section shall be held harmless.
6. A person who refuses to accept and comply with a court order in violation of this section is subject to:
(a) A court order requiring acceptance of the order; and
(b) Liability for reasonable attorney’s fees and costs incurred in an action or proceeding confirming the validity of the court order, and any damages resulting from the delay beginning on the day of the presentation of all items requested pursuant to subsection 1.
(Added to NRS by 2021, 970)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.375 - Powers of personal representative granted independent administration authority.

1. Subject to the conditions and limitations of NRS 143.300 to 143.815, inclusive, and to the duties and liabilities of the personal representative, a personal representative who has been granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, has the powers described in:
(a) NRS 143.400 to 143.465, inclusive, with regard to powers that are exercisable only after giving a notice of proposed action;
(b) NRS 143.500 to 143.540, inclusive, with regard to powers the exercise of which requires giving a notice of proposed action under certain circumstances; and
(c) NRS 143.600 to 143.655, inclusive, with regard to powers that are exercisable without giving a notice of proposed action.
2. The will may restrict the powers that the personal representative may exercise pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1440)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.380 - Sale of property of estate; requirements relating to consent and court confirmation of sales.

1. Except as otherwise provided in subsection 4, and subject to the limitations and requirements of NRS 143.370, when the personal representative exercises the authority to sell property of the estate after being granted full authority pursuant to NRS 143.300 to 143.815, inclusive, the personal representative may sell the property at public auction or private sale, and with or without notice, for cash or on credit, for such price and upon such terms and conditions as the personal representative may determine.
2. The requirements applicable to court confirmation of sales of real property referenced in subsection 1 include, without limitation:
(a) Publication of the notice of sale;
(b) Court approval of agents’ and brokers’ commissions;
(c) The sale being not less than 90 percent of appraised value of the real property;
(d) An examination by the court into the necessity for the sale of the real property, including, without limitation, any advantage to the estate and benefit to interested persons; and
(e) The efforts of the personal representative to obtain the highest and best price for the property reasonably attainable.
3. The requirements applicable to court confirmation of sales of real property and sales of personal property do not apply to a sale pursuant to this section.
4. If the personal representative determines that the sale of real property pursuant to this section will be less than 90 percent of the appraised value of the real property:
(a) All interested persons must consent in writing to the sale before the personal representative may proceed with the sale; and
(b) The sale must be confirmed by the court pursuant to NRS 148.060.
(Added to NRS by 2011, 1441; A 2015, 3528; 2021, 973)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.400 - Requirements for exercise of powers by personal representative.

The personal representative may exercise the powers described in NRS 143.400 to 143.465, inclusive, only if the requirements of NRS 143.700 to 143.760, inclusive, are satisfied.
(Added to NRS by 2011, 1441)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.410 - Sale or incorporation of business or joint venture.

The personal representative who has limited authority or full authority has the power to sell or incorporate any of the following:
1. An unincorporated business or joint venture in which the decedent was engaged at the time of the decedent’s death; and
2. An unincorporated business or joint venture which was wholly or partly owned by the decedent at the time of the decedent’s death.
(Added to NRS by 2011, 1441)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.420 - Power to borrow and to encumber property of estate.

1. Subject to the limitations provided in subsection 2 and NRS 143.180, the personal representative who has limited authority or full authority has the following powers:
(a) The power to borrow; and
(b) The power to place, replace, renew or extend any encumbrance upon any property of the estate.
2. Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property.
(Added to NRS by 2011, 1441)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.430 - Transfer of property to person exercising option to purchase provided in will.

If the will gives a person the option to purchase real or personal property and the person has complied with the terms and conditions stated in the will, the personal representative who has limited authority or full authority has the power to convey or transfer the property to the person.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.435 - Conveyance or transfer of real or personal property under certain circumstances.

The personal representative who has limited authority or full authority has the power to convey or transfer real or personal property to complete a contract entered into by the decedent to convey or transfer the property.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.440 - Determination of claims to property.

The personal representative who has limited authority or full authority has the power to allow, compromise or settle any of the following:
1. A third-party claim to real or personal property if the decedent died in possession of, or holding title to, the property; or
2. The decedent’s claim to real or personal property, title to or possession of which is held by another.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.450 - Preliminary distributions authorized under certain circumstances.

If the time for filing creditor claims has expired and it appears that the distribution may be made without loss to creditors or injury to the estate or any interested person, the personal representative who has limited authority or full authority has the power to make preliminary distributions of the following:
1. Income received during administration to the persons entitled thereto pursuant to the decedent’s will or by intestate succession.
2. Household furniture and furnishings, motor vehicles, clothing, jewelry and other tangible articles of a personal nature to the persons entitled to the property under the decedent’s will, not to exceed an aggregate fair market value to all persons of $50,000 computed cumulatively through the date of distribution. Fair market value must be determined on the basis of the inventory and appraisal.
3. Cash to general pecuniary devisees entitled to it under the decedent’s will, not to exceed $10,000 to any one person.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.455 - Actions concerning claims by, for the benefit of, or against the estate.

The personal representative who has limited authority or full authority has the power to do all the following:
1. Allow, pay, reject or contest any claim by or against the estate.
2. Compromise or settle a claim, action or proceeding by or for the benefit of, or against, the decedent, the personal representative or the estate.
3. Release, in whole or in part, any claim belonging to the estate to the extent that the claim is uncollectible.
4. Allow a claim to be filed after the expiration of the time for filing the claim.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.460 - Commencement and defense of certain actions and proceedings.

The personal representative who has limited authority or full authority has the power to do all the following:
1. Commence and maintain actions and proceedings for the benefit of the estate.
2. Defend actions and proceedings against the decedent, the personal representative or the estate.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.465 - Modification of terms of obligation to or in favor of decedent.

The personal representative who has limited authority or full authority has the power to extend, renew or in any manner modify the terms of an obligation owing to or in favor of the decedent or the estate.
(Added to NRS by 2011, 1442)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.500 - Exercise of powers by personal representative; exceptions.

Except as otherwise provided in NRS 143.500 to 143.540, inclusive, the personal representative who has limited authority or full authority may exercise the powers described in NRS 143.500 to 143.540, inclusive, without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
(Added to NRS by 2011, 1443)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.505 - Management and control of estate property.

1. The personal representative who has limited authority or full authority has the power to manage and control property of the estate, including making allocations and determinations pursuant to NRS 164.780 to 164.925, inclusive. Except as otherwise provided in subsection 2, such a personal representative may exercise this power without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
2. The personal representative shall comply with the requirements of NRS 143.700 to 143.760, inclusive, and shall give notice of a proposed action in any case where a provision of NRS 143.400 to 143.450, inclusive, governing the exercise of a specific power so requires.
(Added to NRS by 2011, 1443)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.510 - Power to enter contracts without notice; exception.

1. The personal representative who has limited authority or full authority has the power to enter into a contract to carry out the exercise of a specific power granted pursuant to NRS 143.300 to 143.815, inclusive, including, without limitation, the powers granted by NRS 143.505 and 143.605. Except as otherwise provided in subsection 2, the personal representative may exercise this power without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
2. The personal representative shall comply with the requirements of NRS 143.700 to 143.760, inclusive, and shall give notice of a proposed action where the contract is one that by its provisions is not to be fully performed within 2 years after the date the parties entered into the contract, except that the personal representative is not required to comply with those requirements if the personal representative has the unrestricted right under the contract to terminate the contract within 2 years after the date the parties entered into the contract.
3. Nothing in this section excuses compliance with the requirements of NRS 143.700 to 143.760, inclusive, when the contract is made to carry out the exercise of a specific power, and the provision that grants that power requires compliance with NRS 143.700 to 143.760, inclusive, for the exercise of the power.
(Added to NRS by 2011, 1443)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.515 - Deposit and investment of money of estate.

1. The personal representative who has limited authority or full authority has the power to do all the following:
(a) Deposit money belonging to the estate in an insured account in a financial institution in this State;
(b) Invest money of the estate in any one or more of the following:
(1) Direct obligations of the United States, or of the State of Nevada, maturing not later than 1 year after the date of making the investment;
(2) Savings accounts in a bank, credit union, savings and loan association or savings bank in this State, to the extent that the deposit is insured by the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or a private insurer approved pursuant to NRS 672.755;
(3) Interest-bearing obligations of, or fully guaranteed by, the United States;
(4) Interest bearing obligations of the United States Postal Service or the Federal National Mortgage Association;
(5) Interest-bearing obligations of this State or of a county, city or school district of this State; or
(6) Money-market mutual funds that are invested only in obligations listed in subparagraphs (1) to (5), inclusive; or
(c) Invest money of the estate in any manner provided by the will.
2. The personal representative may exercise the powers described in subsection 1 without giving notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive.
(Added to NRS by 2011, 1443)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.520 - Continuation of partnership or other business.

1. Subject to the partnership agreement, the applicable provisions of chapter 87, 87A or 88 of NRS and the decedent’s will, the personal representative who has limited authority or full authority has the power to continue as a general partner in any partnership in which the decedent was a general partner at the time of death.
2. Subject to the operating agreement, the applicable provisions of chapter 86 of NRS and the decedent’s will, the personal representative who has limited authority or full authority has the power to continue as a manager or managing member in any limited-liability company in which the decedent was a manager or managing member at the time of death.
3. The personal representative who has limited authority or full authority has the power to continue operation of any of the following:
(a) An unincorporated business or joint venture in which the decedent was engaged at the time of death.
(b) An unincorporated business or joint venture which was wholly or partly owned by the decedent at the time of death.
4. The personal representative who has limited authority or full authority has the power to continue to exercise any shareholder, partnership or membership rights owned by the decedent at the time of death to which the personal representative has succeeded during the administration of the estate.
5. Except as otherwise provided in subsection 6, the personal representative may exercise the powers described in subsections 1 to 4, inclusive, without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
6. The personal representative shall give notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive, if the personal representative continues as a general partner under subsection 1 or a manager or managing member under subsection 2, or continues the operation of any unincorporated business or joint venture under subsection 3, for a period of more than 6 months after the date on which letters are first issued to a personal representative.
(Added to NRS by 2011, 1444; A 2021, 973)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.525 - Payment of family allowance.

1. The personal representative who has limited authority or full authority has the power to pay a reasonable family allowance. Except as otherwise provided in subsection 2, the personal representative may exercise this power without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
2. The personal representative shall give notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive, for all the following:
(a) Making the first payment of a family allowance.
(b) Making the first payment of a family allowance for a period commencing more than 12 months after the death of the decedent.
(c) Making any increase in the amount of the payment of a family allowance.
(Added to NRS by 2011, 1444)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.530 - Lease of property of estate.

1. The personal representative who has limited authority or full authority has the power to enter as lessor into a lease of property of the estate for:
(a) Any purpose, including, without limitation, exploration for and production or removal of minerals, oil, gas or other hydrocarbon substances or geothermal energy, including a community oil lease or a pooling or unitization agreement;
(b) A period within or beyond the period of administration; and
(c) Rental or royalty, or both, and upon such other terms and conditions as the personal representative may determine.
2. Except as otherwise provided in subsections 3 and 4, the personal representative may exercise this power without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
3. The personal representative shall give notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive, where the personal representative enters into a lease of real property for a term in excess of 1 year. If the lease gives the lessee the right to extend the term of the lease, the lease must be considered as if the right to extend has been exercised.
4. The personal representative shall give notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive, where the personal representative enters into a lease of personal property and the lease is one that by its provisions is not to be fully performed within 2 years after the date the parties entered into the lease, except that the personal representative is not required to give notice of a proposed action if the personal representative has the unrestricted right under the lease to terminate the lease within 2 years after the date the parties entered into the lease.
(Added to NRS by 2011, 1444)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.535 - Sale or exchange of personal property.

1. The personal representative who has limited authority or full authority has the power to sell personal property of the estate or to exchange personal property of the estate for other property upon such terms and conditions as the personal representative may determine. Except as otherwise provided in subsection 2, the personal representative shall give notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive, in exercising this power.
2. The personal representative may exercise the power granted by subsection 1 without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive, in case of the sale or exchange of any of the following:
(a) A security sold on an established stock or bond exchange;
(b) A security designated as a national market system security on an interdealer quotation system, or subsystem thereof, by the National Association of Securities Dealers Automated Quotations System, NASDAQ, sold through a broker-dealer registered under the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq., during the regular course of business of the broker-dealer;
(c) Subscription rights for the purchase of additional securities which are owned by the estate by reason of the estate’s ownership in securities if those rights are sold for cash; or
(d) Personal property which is perishable if the property is sold for cash.
(Added to NRS by 2011, 1445)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.540 - Grant of exclusive right to sell property.

1. The personal representative who has limited authority or full authority has the following powers:
(a) The power to grant an exclusive right to sell property for a period not to exceed 90 days.
(b) The power to grant to the same broker one or more extensions of an exclusive right to sell property, each extension being for a period not to exceed 90 days.
2. Except as otherwise provided in subsection 3, the personal representative may exercise the powers described in subsection 1 without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
3. The personal representative shall give notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive, where the personal representative grants to the same broker an extension of an exclusive right to sell property and the period of the extension, together with the periods of the original exclusive right to sell the property and any previous extensions of that right, is more than 270 days.
(Added to NRS by 2011, 1445)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.600 - Exercise of powers by personal representative.

The personal representative who has limited authority or full authority may exercise the powers described in NRS 143.600 to 143.655, inclusive, without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.
(Added to NRS by 2011, 1446)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.605 - Additional powers of personal representative.

In addition to the powers granted to the personal representative pursuant to NRS 143.300 to 143.815, inclusive, the personal representative who has limited authority or full authority has all the powers that the personal representative could exercise without court supervision if the personal representative had not been granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1446)
2023 Nevada Revised Statutes › Chapter 143 - Powers and Duties of Personal Representatives › NRS 143.610 - Conveyance or transfer of property under certain circumstances.

The personal representative who has limited authority or full authority has the power to convey or transfer property to carry out the exercise of a specific power granted pursuant to NRS 143.300 to 143.815, inclusive.
(Added to NRS by 2011, 1446)