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
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
§ 163.001
Definitions§ 163.0011
“Electronic record” defined§ 163.0013
“Electronic signature” defined§ 163.0015
“Electronic trust” defined§ 163.0016
“Nontestamentary trust” defined§ 163.0017
“Record” defined§ 163.0018
“Testamentary trust” defined§ 163.00185
“Trust instrument” defined§ 163.00187
Terms: “Execute” or “sign.”§ 163.0019
Terms: “Writing” or “written.”§ 163.003
Creation: Requirements§ 163.005
Creation: ConsiderationCite This Page — Counsel Stack
Bluebook (online)
Nevada § 163.070, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/163.070.