Nevada § 159A.166 Bond and actions required upon court order to enter into agreement

Nevada Statutes

§ 159A.166 — Bond and actions required upon court order to enter into agreement

Nevada § 159A.166

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 159AGuardianship

Agreement to Sell or Give Option to Purchase Mining Claim

This text of Nevada § 159A.166 (Bond and actions required upon court order to enter into agreement) 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. § 159A.166 (2026).

Text

1. If the court orders the guardian to enter into the agreement pursuant to NRS 159A.1657 , the court shall order the guardian to provide an additional bond and specify the amount of the bond in the court order. 2. The guardian is not entitled to receive any of the proceeds from the agreement until the guardian provides the bond and the court approves the bond. 3. When the court order is entered, the guardian shall execute, acknowledge and deliver an agreement which:

(a)Contains the conditions specified in the court order;

(b)States that the agreement or option is approved by court order; and

(c)Provides the date of the court order.

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1. If the court orders the guardian to enter into the agreement pursuant to NRS 159A.1657 , the court shall order the guardian to provide an additional bond and specify the amount of the bond in the court order.
2. The guardian is not entitled to receive any of the proceeds from the agreement until the guardian provides the bond and the court approves the bond.
3. When the court order is entered, the guardian shall execute, acknowledge and deliver an agreement which:
(a) Contains the conditions specified in the court order;
(b) States that the agreement or option is approved by court order; and
(c) Provides the date of the court order.