Nevada Statutes

§ 163.070 — Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized

Nevada § 163.070
JurisdictionNevada
Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
Ch. 163Trusts
TRUSTS (UNIFORM ACT)

This text of Nevada § 163.070 (Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized) 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. § 163.070 (2026).

Text

Except as otherwise authorized by the trust instrument or order of the court, a corporate trustee shall not purchase for a trust shares of its own stock, or its bonds or other securities, or the stock, bonds or other securities of an affiliate.

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Legislative History

[6:136:1941; 1931 NCL § 7718.35]—(NRS A 1999, 2367 )

Nearby Sections

15
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Bluebook (online)
Nevada § 163.070, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/163.070.