Nevada § 143.187 Power to hold stock in name of nominee; personal liability of personal representative

Nevada Statutes

§ 143.187 — Power to hold stock in name of nominee; personal liability of personal representative

Nevada § 143.187

Title 12WILLS AND ESTATES OF DECEASED PERSONS

Ch. 143Powers

ADMINISTRATION OF ESTATES GENERALLY

This text of Nevada § 143.187 (Power to hold stock in name of nominee; personal liability of personal representative) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 143.187 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.