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2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.215 - Guardian of person of minor child of member of Armed Forces.

1. A member of the Armed Forces of the United States, a reserve component thereof or the National Guard may, by written instrument and without the approval of a court, appoint any adult residing in this State who is not incapacitated as the guardian of the person of a minor child who is a dependent of that member. The instrument must be:
(a) Executed by both parents if living, not divorced and having legal custody of the child, otherwise by the parent having legal custody; and
(b) Acknowledged in the same manner as a deed.
If both parents do not execute the instrument, the executing parent shall send by certified mail, return receipt requested, to the other parent at his or her last known address, a copy of the instrument and a notice of the provisions of subsection 3.
2. The instrument must contain a provision setting forth the:
(a) Branch of the Armed Forces;
(b) Unit of current assignment;
(c) Current rank or grade; and
(d) Social security number or service number,
of the parent who is the member.
3. The appointment of a guardian pursuant to this section:
(a) May be terminated by a written instrument signed by either parent of the child if that parent has not been deprived of his or her parental rights to the child; and
(b) Is terminated by any order of a court.
(Added to NRS by 2017, 865, 3921)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.305 - Petition alleging that person disposed of money of protected minor or proposed protected minor or has evidence of interest of protected minor or proposed protected minor in or to property.

1. If a guardian, interested person, protected minor or proposed protected minor petitions the court upon oath alleging:
(a) That a person has or is suspected to have concealed, converted to his or her own use, conveyed away or otherwise disposed of any money, good, chattel or effect of the protected minor or proposed protected minor; or
(b) That the person has in his or her possession or knowledge any deed, conveyance, bond, contract or other writing which contains evidence of, or tends to disclose the right, title or interest of the protected minor or proposed protected minor in or to, any real or personal property, or any claim or demand,
the judge may cause the person to be cited to appear before the district court to answer, upon oath, upon the matter of the petition.
2. If the person cited does not reside in the county where letters of guardianship have been issued pursuant to NRS 159A.075, the person may be cited and examined before the district court of the county where the person resides, or before the court that issued the citation. Each party to the petition may produce witnesses, and such witnesses may be examined by either party.
(Added to NRS by 2017, 866)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.315 - Order of court upon findings concerning allegations that person disposed of money of protected minor or proposed protected minor or has evidence of interest of protected minor or proposed protected minor in or to property; nonappearance or noncompliance by person cited; effect of order.

1. If the court finds, after examination of a person cited pursuant to NRS 159A.305, that the person has committed an act:
(a) Set forth in paragraph (a) of subsection 1 of NRS 159A.305, the court may order the person to return the asset or the value of the asset to the guardian of the estate; or
(b) Set forth in paragraph (b) of subsection 1 of NRS 159A.305, the court may order the person to return the asset or provide information concerning the location of the asset to the guardian of the estate.
2. The court may hold a person who is cited pursuant to NRS 159A.305 in contempt of court and deal with the person accordingly if the person:
(a) Refuses to appear and submit to examination or to testify regarding the matter complained of in the petition; or
(b) Fails to comply with an order of the court issued pursuant to subsection 1.
3. An order of the court pursuant to subsection 1 is prima facie evidence of the right of the proposed protected minor or the estate of the protected minor to the asset described in the order in any action that may be brought for the recovery thereof, and any judgment recovered therein must be double the value of the asset, and damages in addition thereof equal to the value of such property.
4. If the person who is cited pursuant to NRS 159A.305 appears and, upon consideration of the petition, the court finds that the person is not liable or responsible to the proposed protected minor or the estate of the protected minor, the court may order:
(a) The proposed protected minor or the estate of the protected minor to pay the attorney’s fees and costs of the respondent; or
(b) If the court finds that the petitioner unnecessarily or unreasonably filed the petition, the petitioner personally to pay the attorney’s fees and costs of the respondent.
(Added to NRS by 2017, 866)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.339 - Assumption of jurisdiction by court of trust of which protected minor is beneficiary.

1. If the inventory filed pursuant to NRS 159A.085 includes the existence of a trust of which the protected minor is currently a beneficiary who is receiving or is entitled to receive distributions, the trustee must be served with a copy of the inventory for the purpose of alerting the trustee that the court may assume jurisdiction of the trust pursuant to this section or that supervision of the trust may be transferred to the court pursuant to NRS 164.130.
2. The guardian of the protected minor or attorney of the protected minor may demand a copy of the trust and an accounting of the assets of the trust from the trustee. Such a demand must be served on the trustee and all parties and include notice that failure to comply with the demand may result in the court assuming jurisdiction of the trust.
3. If the trustee fails to comply with the demand made pursuant to subsection 2 within 30 days after being served with the demand, the guardian of the protected minor or attorney of the protected minor may petition the court to assume jurisdiction of the trust. Such a petition must be served on the trustee and all parties.
4. Not later than 30 days after being served with a petition pursuant to subsection 3, the trustee may object to the court assuming jurisdiction of the trust. If no objection is filed or if the court does not find good cause as to why it should not assume jurisdiction of the trust, the court may assume jurisdiction of the trust.
5. Not later than 30 days after the court assumes jurisdiction of the trust pursuant to this section or supervision of the trust is transferred to the court pursuant to NRS 164.130, the trustee shall file a copy of the trust and an accounting of the assets of the trust with the court.
6. The provisions of chapters 162 to 167, inclusive, of NRS apply to a trust of which a court has jurisdiction.
(Added to NRS by 2017, 1234)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.3395 - Protected minor or attorney entitled to copies of accountings for trust created by or for benefit of protected minor; submission of trust to jurisdiction of court.

A protected minor or his or her attorney is entitled to receive copies of any accountings relating to any trusts created by or for the benefit of the protected minor. A protected minor may submit any trust to the jurisdiction of a court if:
1. The protected minor, his or her spouse, or both the protected minor and his or her spouse are grantors and sole beneficiaries of the income of the trust; or
2. The trust was created at the discretion of or with the consent of a court.
(Added to NRS by 2017, 2552)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.342 - Determination as to whether guardian has already been appointed upon application by person to be designated as guardian.

1. If a guardian applies to a court to be designated as the guardian of a person, the court must determine whether a guardian has already been designated for the person by accessing the Nevada Lockbox established by the Secretary of State pursuant to NRS 225.360 in accordance with the provisions of NRS 225.380.
2. When determining whether a guardian has already been designated for the person, if the court determines that two or more different designations exist and each designation is valid, the most recent designation shall be deemed to be the controlling designation.
3. If the court determines that a guardian has already been designated for the person, the application for guardianship cannot proceed unless the court revokes the designation.
(Added to NRS by 2017, 4359)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.345 - Imposition of penalties upon certain misconduct by guardian.

If a guardian:
1. Is guilty of gross impropriety in handling the property of the protected minor;
2. Makes a substantial misstatement in any report filed pursuant to NRS 159A.081 or any account filed pursuant to NRS 159A.177; or
3. Willfully fails to file a report required by NRS 159A.081 or an account required by NRS 159A.177 after receiving written notice from the court of the failure to file and a grace period of 2 months after such notification has elapsed,
the court may impose a penalty in an amount not to exceed $5,000 and order restitution of any money misappropriated from the estate of a protected minor, which must be paid by the guardian and must not be paid by the estate of the protected minor.
(Added to NRS by 2017, 2552)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.346 - Appropriate actions authorized upon violation by guardian of any right of protected minor.

1. If a guardian violates any right of a protected minor that is set forth in this chapter, a court may take any appropriate action, including, without limitation:
(a) Issuing an order that certain actions be taken or discontinued;
(b) Disallowing any fees payable to the guardian;
(c) After notice and a hearing, issuing an order compensating a protected minor or the estate of a protected minor for any injury, death or loss of money or property caused by the actions of the guardian or the failure of the guardian to take appropriate action;
(d) Removing the guardian pursuant to NRS 159A.185; or
(e) Taking any other action that is proper under the circumstances.
2. If any action by a guardian is deemed to be deliberately harmful or fraudulent or to have been committed with malice, the court may also impose:
(a) Twice the actual damages incurred by the protected minor; and
(b) Attorney’s fees and costs.
(Added to NRS by 2017, 2552)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.375 - Appeals to appellate court of competent jurisdiction.

In addition to any order from which an appeal is expressly authorized pursuant to this chapter, an appeal may be taken to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution within 30 days after its notice of entry from an order:
1. Granting or revoking letters of guardianship.
2. Directing or authorizing the sale or conveyance, or confirming the sale, of property of the estate of a protected minor.
3. Settling an account.
4. Ordering or authorizing a guardian to act pursuant to NRS 159A.113.
5. Ordering or authorizing the payment of a debt, claim, devise, guardian’s fees or attorney’s fees.
6. Determining ownership interests in property.
7. Granting or denying a petition to enforce the liability of a surety.
8. Granting or denying a petition for modification or termination of a guardianship.
9. Granting or denying a petition for removal of a guardian or appointment of a successor guardian.
(Added to NRS by 2017, 867)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.020 - Definitions.

As used in this chapter:
1. "Benefits" means all money payable by the United States through the Department of Veterans Affairs.
2. "Department of Veterans Affairs" means the Department of Veterans Affairs, its predecessors or successors.
3. "Estate" and "income" include only money received by the guardian from the Department of Veterans Affairs and all earnings, interest and profits derived therefrom.
4. "Guardian" means any person acting as a fiduciary for a ward.
5. "Secretary" means the Secretary of Veterans Affairs of the United States or the Secretary’s successor.
6. "Ward" means a beneficiary of the Department of Veterans Affairs.
[1:28:1929; NCL § 9548]—(NRS A 1985, 508; 1995, 1078)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.030 - Applicability.

Whenever, pursuant to any law of the United States or regulation of the Department of Veterans Affairs, the Secretary requires the appointment of a guardian for a ward before the payment of benefits, the appointment must be made in the manner provided in this chapter.
[2:28:1929; NCL § 9549]—(NRS A 1995, 1078)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.040 - Limitation on number of wards; exceptions.

1. Except as otherwise provided in this section, it is unlawful for any person to accept appointment as guardian of any ward if the proposed guardian is at that time acting as guardian for five wards. In any case, upon presentation of a petition by an attorney of the Department of Veterans Affairs pursuant to this section alleging that a guardian is acting in a fiduciary capacity for more than five wards and requesting his or her discharge for that reason, the court, upon proof substantiating the petition, shall require a final accounting from the guardian and shall discharge the guardian in the case.
2. The limitations of this section do not apply where the guardian is a bank or trust company acting for the wards’ estates only.
3. An individual may be guardian of more than five wards if they are all members of the same family.
4. The limitations of this section do not apply to a public guardian.
[3:28:1929; NCL § 9550]—(NRS A 1961, 32; 1977, 488; 1995, 1078; 1999, 2477; 2017, 383)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.050 - Appointment of guardian.

1. A petition for the appointment of a guardian may be filed in any court of competent jurisdiction by or on behalf of any person who under existing law is entitled to priority of appointment. If there is no person so entitled or if the person so entitled neglects or refuses to file such a petition within 30 days after the mailing of notice by the Department of Veterans Affairs to the last known address of such person indicating the necessity for the same, a petition for such appointment may be filed in any court of competent jurisdiction by or on behalf of any responsible person residing in this State.
2. The petition for appointment must set forth the name, age and place of residence of the ward, the names and places of residence of the nearest relatives, if known, and the fact that the ward is entitled to receive money payable by or through the Department of Veterans Affairs, and must set forth the amount of money then due and the amount of probable future payments.
3. The petition must also set forth the name and address of the person or institution, if any, having actual custody of the ward.
4. In case of a mentally incompetent ward the petition must show that such ward has been rated incompetent on examination by the Department of Veterans Affairs in accordance with the laws and regulations governing the Department of Veterans Affairs.
[4:28:1929; NCL § 9551]—(NRS A 1995, 1079)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.060 - Evidence of necessity for guardian for minor.

If a petition is filed for the appointment of a guardian of a minor ward, a certificate of the Secretary or a representative of the Secretary, setting forth the age of such minor as shown by the records of the Department of Veterans Affairs and the fact that the appointment of a guardian is a condition precedent to the payment of any money due the minor by the Department of Veterans Affairs, constitutes prima facie evidence of the necessity for such appointment.
[5:28:1929; NCL § 9552]—(NRS A 1995, 1079)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.070 - Evidence of necessity for guardian for incompetent.

If a petition is filed for the appointment of a guardian of a mentally incompetent ward, a certificate of the Secretary or a representative of the Secretary, setting forth the fact that such person has been rated incompetent by the Department of Veterans Affairs on examination in accordance with the laws and regulations governing the Department of Veterans Affairs and that the appointment of a guardian is a condition precedent to the payment of any money due such person by the Department of Veterans Affairs, constitutes prima facie evidence of the necessity for such appointment.
[6:28:1929; NCL § 9553]—(NRS A 1995, 1079)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.090 - Bond.

1. Before making an appointment under the provisions of this chapter, the court shall establish to its satisfaction that the person whose appointment as guardian is sought is a fit and proper person to be appointed.
2. Upon the appointment being made, the guardian shall, except as otherwise provided in this section, execute and file a bond to be approved by the court in an amount not less than the value of the personal property of the estate plus the anticipated annual income. Thereafter, the amount of the bond must be equal to the total value of the personal estate plus the annual income. The bond must be in the form and be conditioned as required of guardians appointed pursuant to the provisions of chapter 159 or 159A of NRS. The premiums on all such bonds must be paid from the estate.
3. If a banking corporation as defined in NRS 657.016, or a trust company, as defined by NRS 669.070, doing business in this state is appointed guardian of the estate of a ward, no bond is required of the guardian unless the court by specific order requires a bond.
4. If the court orders that the estate and income, or a part thereof, be deposited in a banking corporation, as defined in NRS 657.016, or trust company, as defined by NRS 669.070, doing business in this state and that such estate and income, or any part thereof, must not be withdrawn without authorization of the court, then the amount of the guardian’s bond must be reduced in an amount equal to the amount of the estate and income on deposit with the banking corporation, and the surety on the bonds must be exonerated from any loss to the estate in connection with the deposit.
5. Where a bond is tendered by a guardian with personal sureties, the sureties shall file with the court a certificate under oath which describes the property owned, both real and personal, and contains a statement that they are each worth the sum named in the bond as the penalty thereof over and above all their debts and liabilities and exclusive of property exempt from execution.
[8:28:1929; NCL § 9555]—(NRS A 1959, 65; 1969, 1190; 1971, 1010; 1977, 640; 1999, 2478; 2017, 383, 887)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.100 - Accounts.

1. Every guardian who receives on account of a ward of the guardian any money from the Department of Veterans Affairs shall file with the court annually, on the anniversary date of the appointment, in addition to such other accounts as may be required by the court, a full, true and accurate account under oath of all money so received by the guardian and of all disbursements thereof, and showing the balance thereof in the hands of the guardian at the date of such account and how invested.
2. A certified copy of each of such accounts filed with the court must be sent by the guardian to the office of the Department of Veterans Affairs having jurisdiction over the area in which the court is located. The court shall fix a time and place for the hearing on such account not less than 15 days or more than 30 days after the date of filing the account, and notice thereof must be given by the court to the concerned office of the Department of Veterans Affairs not less than 15 days before the date fixed for the hearing.
3. Notice of such hearing must in like manner be given to the guardian.
[9:28:1929; NCL § 9556]—(NRS A 1995, 1080)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.110 - Penalty for failure to account.

If any guardian fails to file any account of the money received by the guardian from the Department of Veterans Affairs on account of a ward of the guardian within 30 days after such account is required by either the court or the Department of Veterans Affairs, or fails to furnish the Department of Veterans Affairs with a copy of the accounts of the guardian as required by this chapter, such failure constitutes grounds for removal.
[10:28:1929; NCL § 9557]—(NRS A 1995, 1080)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.120 - Compensation of guardian.

Compensation payable to a guardian must not exceed 5 percent of the income of the ward during any year. In the event of extraordinary services rendered by any guardian, the court may, upon petition and after hearing thereon, authorize additional compensation therefor payable from the estate of the ward. Notice of such petition and hearing must be given to the proper office of the Department of Veterans Affairs in the manner provided in NRS 160.100. No compensation may be allowed on the corpus of an estate received from a preceding guardian. The guardian may be allowed from the estate of the ward of the guardian reasonable premiums paid by him or her to any corporate surety upon his or her bond.
[11:28:1929; NCL § 9558]—(NRS A 1995, 1080)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.140 - Maintenance and support.

A guardian shall not apply any portion of the estate of a ward of the guardian for the support and maintenance of any person other than the ward, except upon order of the court after a hearing, notice of which has been given to the proper office of the Department of Veterans Affairs in the manner provided in NRS 160.100.
[13:28:1929; NCL § 9560]—(NRS A 1995, 1080)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.150 - Copies of public records to be furnished.

When a copy of any public record is required by the Department of Veterans Affairs to be used in determining the eligibility of any person to participate in benefits made available by the Department of Veterans Affairs, the official charged with the custody of such public record shall without charge provide the applicant for such benefits or any person acting on behalf of the applicant or the representative of the Department of Veterans Affairs with a certified copy of such record.
[14:28:1929; NCL § 9561]—(NRS A 1995, 1081)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.160 - Commitment to Department of Veterans Affairs or other federal agency.

1. In any proceeding under the laws of this State for involuntary court-ordered admission of a person alleged to be mentally ill or otherwise in need of confinement in a hospital or other institution for his or her care, the court may order the admission of that person to the Department of Veterans Affairs or another agency of the Federal Government, whenever:
(a) It is determined, after such adjudication of the status of that person as may be required by chapter 433A of NRS, that involuntary court-ordered admission to a hospital for mental disease or another institution is necessary for safekeeping or treatment; and
(b) It appears that the person is eligible for care or treatment by the Department of Veterans Affairs or any other agency that has facilities available and that the person is eligible for care or treatment therein.
2. The person whose involuntary court-ordered admission is sought must be personally served with notice of the pending proceeding in the manner provided by chapter 433A of NRS. This chapter does not affect that person’s right to appear and be heard in the proceedings.
[15:28:1929; NCL § 9562]—(NRS A 1957, 660; 1975, 1632; 1985, 2274; 1995, 1081)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.161 - Regulations of Department of Veterans Affairs or other federal agency; powers of officer; jurisdiction of court.

1. Upon commitment, a person is subject to the rules and regulations of the Department of Veterans Affairs or other agency when admitted to any facility operated by any such agency within or without this state.
2. The chief officer of any facility of the Department of Veterans Affairs or institution operated by any other agency of the United States to which the person is so committed is, with respect to that person, vested with the same powers as the Director and the Medical Director of Northern Nevada Adult Mental Health Services with respect to retention of custody, transfer, parole or discharge.
3. The committing court shall retain jurisdiction:
(a) To inquire, at any time, into the mental condition of persons so committed.
(b) To determine the necessity for the continuance of the person’s restraint.
(Added to NRS by 1957, 660; A 1973, 92, 1218; 1995, 1081; 2001, 1116)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.162 - Transfer of person from Northern Nevada Adult Mental Health Services to Department of Veterans Affairs or other federal agency.

1. Upon receipt of a certificate of the Department of Veterans Affairs or another agency of the United States that facilities are available for the care or treatment of any person previously committed to the custody of Northern Nevada Adult Mental Health Services and that the person is eligible for care or treatment, the Director of Northern Nevada Adult Mental Health Services may cause the transfer of the person to the Department of Veterans Affairs or other agency of the United States for care or treatment.
2. The committing court must be notified by the Director of Northern Nevada Adult Mental Health Services upon effecting such a transfer.
3. No person may be transferred to the Department of Veterans Affairs or such other agency of the United States if the person is confined pursuant to a conviction of a felony or misdemeanor or if the person has been acquitted of the charge solely on the ground of insanity, unless before the transfer the court originally committing the person enters an order for the transfer after appropriate motion and hearing.
4. Any person transferred as provided in this section shall be deemed to be committed to the Department of Veterans Affairs or other agency of the United States pursuant to the original commitment.
(Added to NRS by 1957, 661; A 1973, 92, 1219; 1995, 1081; 2001, 1116)
2023 Nevada Revised Statutes › Chapter 160 - Veterans’ Guardianship (Uniform Act) › NRS 160.170 - Discharge of guardian.

When a minor ward for whom a guardian has been appointed under the provisions of this chapter or other laws of this state attains his or her majority, and if incompetent is declared competent by the Department of Veterans Affairs and the court, and when any incompetent ward, not a minor, is declared competent by the Department of Veterans Affairs and the court, the guardian must, upon making a satisfactory accounting, be discharged upon a petition filed for that purpose.
[16:28:1929; NCL § 9563]—(NRS A 1995, 1082)
2023 Nevada Revised Statutes › Chapter 161 - Conservators for Members of the Armed Forces and Merchant Seamen › NRS 161.010 - Appointment.

Whenever a person, referred to in this chapter as an absentee, serving in or with the Armed Forces of the United States, or a person serving as a merchant seaman, has been reported or listed as missing, or missing in action, or interned in a neutral country, or beleaguered, besieged or captured by an enemy, has an interest in any form of property in this state or is a legal resident of this state and has not provided an adequate power of attorney authorizing another to act in his or her behalf in regard to such property or interest, then the district court of the county of the absentee’s legal domicile or of the county where such property is situated, upon petition alleging the foregoing facts and showing the necessity for providing care of the property of such absentee made by any person who would have an interest in the property of the absentee were such absentee deceased, or on the court’s own motion, after notice to, or on receipt of proper waivers from, the heirs and next of kin of the absentee as provided by law for the administration of an estate, and upon good cause being shown, may, after finding the facts to be as aforesaid, appoint a conservator to take charge of the absentee’s estate, under the supervision and subject to the further orders of the court.
[1:194:1945; 1943 NCL § 9570]
2023 Nevada Revised Statutes › Chapter 161 - Conservators for Members of the Armed Forces and Merchant Seamen › NRS 161.020 - Bond; reports; powers.

1. The court shall have full discretionary authority to appoint any suitable person as conservator and may require a conservator to post an adequate surety bond and to make such reports as the court may deem necessary.
2. The conservator shall have the same powers and authority as the guardian of the property of an infant or person adjudicated incompetent and shall be considered as an officer or arm of the court.
[2:194:1945; 1943 NCL § 9570.01]
2023 Nevada Revised Statutes › Chapter 161 - Conservators for Members of the Armed Forces and Merchant Seamen › NRS 161.030 - Termination of conservatorship: Delivery of property.

1. At any time upon petition signed by the absentee, or on petition of an attorney-in-fact acting under an adequate power of attorney granted by the absentee, the court shall direct the termination of the conservatorship and the delivery of all property held thereunder to the absentee or to the designated attorney-in-fact.
2. If at any time subsequent to the appointment of a conservator it shall appear that the absentee has died and an executor or administrator has been appointed for the estate of the deceased absentee, the court shall direct the termination of the conservatorship and the delivery of all property of the deceased absentee held thereunder to such executor or administrator.
[3:194:1945; 1943 NCL § 9570.02]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.020 - Definitions.

1. In NRS 162.010 to 162.140, inclusive, unless the context of subject matter otherwise requires:
(a) "Bank" includes any person or association of persons, whether incorporated or not, carrying on the business of banking.
(b) "Fiduciary" includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate.
(c) "Principal" includes any person to whom a fiduciary as such owes an obligation.
2. A thing is done "in good faith" within the meaning of NRS 162.010 to 162.140, inclusive, when it is in fact done honestly, whether it is done negligently or not.
[1:44:1923; NCL § 2985]—(NRS A 1985, 508)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.030 - Application of payment made to fiduciary.

A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary; and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.
[2:44:1923; NCL § 2986]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.050 - Transfer of negotiable instrument by fiduciary.

If any negotiable instrument payable or endorsed to a fiduciary as such is endorsed by the fiduciary, or if any negotiable instrument payable or endorsed to his or her principal is endorsed by a fiduciary empowered to endorse such instrument on behalf of the principal, the endorsee is not bound to inquire whether the fiduciary is committing a breach of his or her obligation as fiduciary in endorsing or delivering the instrument, and is not chargeable with notice that the fiduciary is committing a breach of his or her obligation as fiduciary unless the endorsee takes the instrument with actual knowledge of such breach or with knowledge of such facts that this action in taking the instrument amounts to bad faith. If, however, such instrument is transferred by the fiduciary in payment of or as security for a personal debt of the fiduciary to the actual knowledge of the creditor, or is transferred in any transaction known by the transferee to be for the personal benefit of the fiduciary, the creditor or other transferee is liable to the principal if the fiduciary in fact commits a breach of his or her obligation as fiduciary in transferring the instrument.
[4:44:1923; NCL § 2988]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.060 - Check drawn by fiduciary payable to third person.

If a check or other bill of exchange is drawn by a fiduciary as such, or in the name of his or her principal by a fiduciary empowered to draw such instrument in the name of the principal, the payee is not bound to inquire whether the fiduciary is committing a breach of his or her obligation as fiduciary in drawing or delivering the instrument, and is not chargeable with notice that the fiduciary is committing a breach of his or her obligation as fiduciary unless the payee takes the instrument with actual knowledge of such breach or with knowledge of such facts that this action in taking the instrument amounts to bad faith. If, however, such instrument is payable to a personal creditor of the fiduciary and delivered to the creditor in payment of or as security for a personal debt of the fiduciary to the actual knowledge of the creditor, or is drawn and delivered in any transaction known by the payee to be for the personal benefit of the fiduciary, the creditor or other payee is liable to the principal if the fiduciary in fact commits a breach of his or her obligation as fiduciary in drawing or delivering the instrument.
[5:44:1923; NCL § 2989]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.070 - Check drawn by and payable to fiduciary.

If a check or other bill of exchange is drawn by a fiduciary as such or in the name of his or her principal by a fiduciary empowered to draw such instrument in the name of the principal, payable to the fiduciary personally, or payable to a third person and transferred by the third person to the fiduciary, and is thereafter transferred by the fiduciary, whether in payment of a personal debt of the fiduciary or otherwise, the transferee is not bound to inquire whether the fiduciary is committing a breach of his or her obligation as fiduciary in transferring the instrument, and is not chargeable with notice that the fiduciary is committing a breach of his or her obligation as fiduciary unless the transferee takes the instrument with actual knowledge of such breach or with knowledge of such facts that this action in taking the instrument amounts to bad faith.
[6:44:1923; NCL § 2990]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.080 - Deposit in name of fiduciary as such.

If a deposit is made in a bank to the credit of a fiduciary as such, the bank is authorized to pay the amount of the deposit or any part thereof upon the check of the fiduciary, signed with the name in which such deposit is entered, without being liable to the principal, unless the bank pays the check with actual knowledge that the fiduciary is committing a breach of his or her obligation as fiduciary in drawing the check or with knowledge of such facts that its action in paying the check amounts to bad faith. If, however, such check is payable to the drawee bank and is delivered to it in payment of or as security for a personal debt of the fiduciary to it, the bank is liable to the principal if the fiduciary in fact commits a breach of his or her obligation as fiduciary in drawing or delivering the check.
[7:44:1923; NCL § 2991]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.090 - Check drawn upon account of principal.

If a check is drawn upon the account of his or her principal in a bank by a fiduciary who is empowered to draw checks upon the principal’s account, the bank is authorized to pay such check without being liable to the principal, unless the bank pays the check with actual knowledge that the fiduciary is committing a breach of his or her obligation as fiduciary in drawing such check, or with knowledge of such facts that its action in paying the check amounts to bad faith. If, however, such a check is payable to the drawee bank and is delivered to it in payment of or as security for a personal debt of the fiduciary to it, the bank is liable to the principal if the fiduciary in fact commits a breach of his or her obligation as fiduciary in drawing or delivering the check.
[8:44:1923; NCL § 2992]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.100 - Deposit in personal account of fiduciary.

If a fiduciary makes a deposit in a bank to his or her personal credit of checks drawn by the fiduciary upon an account in his or her own name as fiduciary, or of checks payable to him or her as fiduciary, or of checks drawn by the fiduciary upon an account in the name of his or her principal if the fiduciary is empowered to draw checks thereon, or of checks payable to his or her principal and endorsed by the fiduciary, if the fiduciary is empowered to endorse such checks, or if the fiduciary otherwise makes a deposit of funds held by him or her as fiduciary, the bank receiving such deposit is not bound to inquire whether the fiduciary is committing thereby a breach of his or her obligation as fiduciary; and the bank is authorized to pay the amount of the deposit or any part thereof upon the personal check of the fiduciary without being liable to the principal, unless the bank receives the deposit or pays the check with actual knowledge that the fiduciary is committing a breach of his or her obligation as fiduciary in making such deposit or in drawing such check, or with knowledge of such facts that its action in receiving the deposit or paying the check amounts to bad faith.
[9:44:1923; NCL § 2993]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.110 - Deposit in names of two or more trustees.

When a deposit is made in a bank in the name of two or more persons as trustees and a check is drawn upon the trust account by any trustee or trustees authorized by the other trustee or trustees to draw checks upon the trust account, neither the payee nor other holder nor the bank is bound to inquire whether it is a breach of trust to authorize such trustee or trustees to draw checks upon the trust account, and neither the payee nor other holder nor the bank shall be liable unless the circumstances be such that the action of the payee or other holder or the bank amounts to bad faith.
[10:44:1923; NCL § 2994]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.130 - Cases not provided for in NRS 162.010 to 162.140, inclusive.

In any case not provided for in NRS 162.010 to 162.140, inclusive, the rules of law and equity, including the law merchant and those rules of law and equity relating to trusts, agency, negotiable instruments and banking, shall continue to apply.
[12:44:1923; NCL § 2996]
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.160 - Definitions.

As used in NRS 162.150 to 162.250, inclusive, unless the context otherwise requires:
1. "Assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer.
2. "Claim of beneficial interest" includes a claim of any interest by a decedent’s legatee, distributee, heir or creditor, a beneficiary under a trust, a protected person, a beneficial owner of a security registered in the name of a nominee, or a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his or her behalf, and includes a claim that the transfer would be in breach of fiduciary duties.
3. "Corporation" means a private or public corporation, association or trust issuing a security.
4. "Fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee.
5. "Person" includes a government, a governmental agency and a political subdivision of a government.
6. "Security" includes any share of stock, bond, debenture, note or other security issued by a corporation which is registered as to ownership on the books of the corporation.
7. "Transfer" means a change on the books of a corporation in the registered ownership of a security.
8. "Transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation.
(Added to NRS by 1959, 603; A 1985, 509)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.170 - Registration in name of fiduciary.

A corporation or transfer agent registering a security in the name of a person who is a fiduciary or who is described as a fiduciary is not bound to inquire into the existence, extent or correct description of the fiduciary relationship, and thereafter the corporation and its transfer agent may assume without inquiry that the newly registered owner continues to be the fiduciary until the corporation or transfer agent receives written notice that the fiduciary is no longer acting as such with respect to the particular security.
(Added to NRS by 1959, 603)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.180 - Assignment by fiduciary.

Except as otherwise provided in NRS 162.150 to 162.250, inclusive, a corporation or transfer agent making a transfer of a security pursuant to an assignment by a fiduciary:
1. May assume without inquiry that the assignment, even though to the fiduciary or to a nominee of the fiduciary, is within his or her authority and capacity and is not in breach of his or her fiduciary duties.
2. May assume without inquiry that the fiduciary has complied with any controlling instrument and with the law of the jurisdiction governing the fiduciary relationship, including any law requiring the fiduciary to obtain court approval of the transfer.
3. Is not charged with notice of and is not bound to obtain or examine any court record or any recorded or unrecorded document relating to the fiduciary relationship or the assignment, even though the record or document is in its possession.
(Added to NRS by 1959, 604)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.220 - Nonliability of third person.

1. No person who participates in the acquisition, disposition, assignment or transfer of a security by or to a fiduciary, including a person who guarantees the signature of the fiduciary, is liable for participation in any breach of fiduciary duty by reason of failure to inquire whether the transaction involves such a breach unless it is shown that the person acted with actual knowledge that the proceeds of the transaction were being or were to be used wrongfully for the individual benefit of the fiduciary or that the transaction was otherwise in breach of duty.
2. If a corporation or transfer agent makes a transfer pursuant to an assignment by a fiduciary, a person who guaranteed the signature of the fiduciary is not liable on the guarantee to any person to whom the corporation or transfer agent by reason of the provisions of NRS 162.150 to 162.250, inclusive, incurs no liability.
3. This section does not impose any liability upon the corporation or its transfer agent.
(Added to NRS by 1959, 605)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.230 - Application of NRS 162.150 to 162.250, inclusive.

The provisions of NRS 162.150 to 162.250, inclusive, apply to the rights and duties of a person other than the issuing corporation and its transfer agents with regard to acts and omission in this state in connection with the acquisition, disposition, assignment or transfer of a security by or to a fiduciary and of a person who guarantees in this state the signature of a fiduciary in connection with such a transaction.
(Added to NRS by 1959, 605; A 1997, 420)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.260 - Succession to powers and duties of original fiduciary.

A successor or substitute fiduciary succeeds to all the powers and duties which the will, deed or other instrument conferred on the original fiduciary with respect to the estate or trust unless the instrument expressly prohibits a successor or substitute from succeeding to those powers and duties.
(Added to NRS by 1979, 455)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.270 - Continued administration by surviving fiduciary.

The survivor of two or more fiduciaries may continue to administer the property of the estate or trust without the appointment of a successor unless the continued administration by the survivor is contrary to an express provision of the will, deed or other instrument governing the estate or trust.
(Added to NRS by 1979, 455)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.280 - Withholding of property from beneficiary.

At the time for distribution of any property of an estate or trust, the fiduciary may withhold any part or all of the property from the beneficiaries if the fiduciary determines that the property may be subject to claims of offset held by the fiduciary in his or her fiduciary capacity, conflicting claims, tax deficiencies or other liabilities, contingent or otherwise, relating to the estate or trust.
(Added to NRS by 1979, 455; A 2017, 1685)
2023 Nevada Revised Statutes › Chapter 162 - Fiduciaries › NRS 162.300 - Establishment of trust or formation of entity by fiduciary; transfer, assignment or conveyance of estate or trust property to trust or entity; ownership or control of trust or entity by trust.

1. A fiduciary may establish a trust or form a corporation, limited-liability company or other entity, and transfer, assign and convey to the trust, corporation, limited-liability company or entity all or any part of an estate or of any trust property in exchange for the stock, securities or obligations of the trust, corporation, limited-liability company or entity, and continue to hold the stock and securities and obligations.
2. A trust established or a corporation, limited-liability company or other entity incorporated, organized or registered under the laws of this State that acts as a fiduciary or trustee of an estate or trust administered under the laws of this State may be owned or controlled by the trust if the trust instrument authorizes the trust to own an affiliate.
3. As used in this section, "affiliate" has the meaning ascribed to it in NRS 163.020.
(Added to NRS by 2005, 537; A 2017, 1685)