Nevada § 163.340 Exercise of options, rights and privileges

Nevada Statutes

§ 163.340 — Exercise of options, rights and privileges

Nevada § 163.340

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

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

This text of Nevada § 163.340 (Exercise of options, rights and privileges) 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. § 163.340 (2026).

Text

A fiduciary may:

1.Exercise all options, rights and privileges to convert stocks, bonds, debentures, notes, mortgages or other property into other stocks, bonds, debentures, notes, mortgages or other property;

2.Subscribe for other or additional stocks, bonds, debentures, notes, mortgages or other property; and

3.Hold such stocks, bonds, debentures, notes, mortgages or other property so acquired as investments of the estate or trust so long as the fiduciary deems advisable.

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A fiduciary may:
1. Exercise all options, rights and privileges to convert stocks, bonds, debentures, notes, mortgages or other property into other stocks, bonds, debentures, notes, mortgages or other property;
2. Subscribe for other or additional stocks, bonds, debentures, notes, mortgages or other property; and
3. Hold such stocks, bonds, debentures, notes, mortgages or other property so acquired as investments of the estate or trust so long as the fiduciary deems advisable.