Nevada § 163.275 Investments; reinvestments; delegation of authority to invest

Nevada Statutes

§ 163.275 — Investments; reinvestments; delegation of authority to invest

Nevada § 163.275

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

TRUST POWERS WHICH MAY BE INCLUDED IN A WILL OR AGREEMENT BY REFERENCE

This text of Nevada § 163.275 (Investments; reinvestments; delegation of authority to invest) 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. § 163.275 (2026).

Text

1. A fiduciary may invest and reinvest, as the fiduciary deems advisable:

(a)In stocks, common or preferred, bonds, debentures, notes, mortgages or other securities in or outside the United States;

(b)In insurance contracts on the life of any beneficiary or of any person in whom a beneficiary has an insurable interest, or in annuity contracts for any beneficiary;

(c)In any real or personal property;

(d)In investment trusts;

(e)In participations in common trust funds;

(f)In securities of any corporation, trust, association or fund:

(1)Which is engaged, or proposes to engage, in the business of investing, reinvesting, owning, holding or trading in securities;

(2)Whose assets are invested principally in cash or in securities of other issuers; and

(3)Which is registered as an investme

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1. A fiduciary may invest and reinvest, as the fiduciary deems advisable:
(a) In stocks, common or preferred, bonds, debentures, notes, mortgages or other securities in or outside the United States;
(b) In insurance contracts on the life of any beneficiary or of any person in whom a beneficiary has an insurable interest, or in annuity contracts for any beneficiary;
(c) In any real or personal property;
(d) In investment trusts;
(e) In participations in common trust funds;
(f) In securities of any corporation, trust, association or fund:
(1) Which is engaged, or proposes to engage, in the business of investing, reinvesting, owning, holding or trading in securities;
(2) Whose assets are invested principally in cash or in securities of other issuers; and
(3) Which is registered as an investment company with the Securities and Exchange Commission; and
(g) Generally in such property as the fiduciary deems advisable, even though the investment is not of the character approved by applicable law but for this section.
2. A fiduciary may delegate the authority to invest, but the fiduciary is not thereby relieved of any liability that exists in the absence of delegation.