Nevada § 163.385 Acquisition and holding of property of two or more trusts undivided

Nevada Statutes

§ 163.385 — Acquisition and holding of property of two or more trusts undivided

Nevada § 163.385

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

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

This text of Nevada § 163.385 (Acquisition and holding of property of two or more trusts undivided) 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. § 163.385 (2026).

Text

1. A fiduciary may:

(a)Acquire, receive, hold and retain the principal of several trusts created by a single instrument undivided until division becomes necessary in order to make distributions.

(b)Hold, manage, invest, reinvest and account for the several shares or parts of shares by appropriate entries in the fiduciary’s books of account, and allocate to each share or part of share its proportionate part of all receipts and expenses. 2. The provisions of this section shall not defer the vesting in possession of any share or part of share of the estate or trust.

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1. A fiduciary may:
(a) Acquire, receive, hold and retain the principal of several trusts created by a single instrument undivided until division becomes necessary in order to make distributions.
(b) Hold, manage, invest, reinvest and account for the several shares or parts of shares by appropriate entries in the fiduciary’s books of account, and allocate to each share or part of share its proportionate part of all receipts and expenses.
2. The provisions of this section shall not defer the vesting in possession of any share or part of share of the estate or trust.