Nevada Statutes
§ 163.145 — Using power to appoint or distribute income to discharge own legal obligation prohibited
Nevada § 163.145
This text of Nevada § 163.145 (Using power to appoint or distribute income to discharge own legal obligation prohibited) 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. § 163.145 (2026).
Text
Except as otherwise specifically provided in the trust instrument, a person who holds a power to appoint or distribute income or principal to or for the benefit of others, individually or as trustee, may not use the power to discharge his or her legal obligations.
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Legislative History
(Added to NRS by 1999, 2365 )
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 § 163.145, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/163.145.