Home/Nevada/Statutes/Title 13: GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS/Ch. 164: Administration/: Prudent Investor (Uniform Act)/§ 164.730
Nevada Statutes

§ 164.730 — No duty to make adjustment between principal and income; trustee immunity from liability

Nevada § 164.730
JurisdictionNevada
Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
Ch. 164Administration
Prudent Investor (Uniform Act)

This text of Nevada § 164.730 (No duty to make adjustment between principal and income; trustee immunity from liability) 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. § 164.730 (2026).

Text

1. The provisions of NRS 164.700 to 164.925 , inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796 . 2. A trustee shall not be liable for:

(a)Not considering whether to make such an adjustment; or
(b)Deciding not to make such an adjustment.

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Related

§ 164.700
Nevada § 164.700
§ 164.795
Nevada § 164.795

Legislative History

(Added to NRS by 2003, 1967 ; A 2009, 801 )

Nearby Sections

15
§ 164.005
Applicability of provisions of chapters 132, 153 and 155 of NRS regulating matters of estates
§ 164.010
Petition for assumption of jurisdiction; circumstances in which jurisdiction is proper in this State; determination of venue; powers of court; petition for removal of trust from jurisdiction of court
§ 164.015
Petition concerning internal affairs of nontestamentary trust; jurisdiction of court; procedure for contests of certain trusts; final order; appeal
§ 164.021
Notice by trustee to beneficiary concerning change of revocable trust to irrevocable trust; contents of notice; limitation of action to contest validity of trust; exceptions
§ 164.025
Notice of death of settlor; filing of claim against settlor, trust estate or settlor and trust estate; effect of failure to file claim; notice to Department of Health and Human Services; notice of rejected claim; effect of failure to bring suit after notice of rejected claim
§ 164.030
Petition for instructions: Notice; hearing; final order; appeal
§ 164.033
Petition concerning conveyance, transfer or delivery of property of trust; notice of hearing; order; appeal
§ 164.037
Petitions: Notice and hearing
§ 164.038
Circumstances under which certain persons are authorized to be represented by persons with similar interests in proceedings concerning administration of trust; binding results; representation by powerholder for permissible appointee or taker in default of appointment; representation by parent or guardian of beneficiary
§ 164.040
Power or jurisdiction of court not abridged; court may take action necessary or proper to dispose of matter presented by petition
§ 164.041
Confidential information: Redaction and sealing of information without prior court order in certain circumstances
§ 164.043
Expenses and compensation of trustees
§ 164.045
Circumstances under which laws of this State govern trusts; change of situs to this State
§ 164.067
Power to sell, convey or encumber
§ 164.070
Short title
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Bluebook (online)
Nevada § 164.730, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/164.730.