Nevada § 163.030 Loan of money held in trust

Nevada Statutes

§ 163.030 — Loan of money held in trust

Nevada § 163.030

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

TRUSTS (UNIFORM ACT)

This text of Nevada § 163.030 (Loan of money held in trust) 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. § 163.030 (2026).

Text

1. Except as provided in NRS 163.040 , no corporate trustee shall lend trust funds to itself or an affiliate, or to any director, officer, or employee of itself or of an affiliate. 2. Except as otherwise:

(a)Provided in a trust instrument and:

(1)Consented to by all beneficiaries of the trust; or

(2)Performed in accordance with a notice of a proposed action provided pursuant to NRS 164.725 ; or

(b)Approved by a court, Ê a noncorporate trustee, including a limited-liability company, shall not lend trust funds to itself, himself or herself, or to a relative, employer, employee, partner, member or other business associate.

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1. Except as provided in NRS 163.040 , no corporate trustee shall lend trust funds to itself or an affiliate, or to any director, officer, or employee of itself or of an affiliate.
2. Except as otherwise:
(a) Provided in a trust instrument and:
(1) Consented to by all beneficiaries of the trust; or
(2) Performed in accordance with a notice of a proposed action provided pursuant to NRS 164.725 ; or
(b) Approved by a court,
Ê a noncorporate trustee, including a limited-liability company, shall not lend trust funds to itself, himself or herself, or to a relative, employer, employee, partner, member or other business associate.