Home/Nevada/Statutes/Title 13: GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS/Ch. 165: Trustees’/: POWER OF APPOINTMENT/§ 165.149
Nevada Statutes

§ 165.149 — Limitations on duties and liability of person with power of appointment

Nevada § 165.149
JurisdictionNevada
Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
Ch. 165Trustees’
POWER OF APPOINTMENT

This text of Nevada § 165.149 (Limitations on duties and liability of person with power of appointment) 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. § 165.149 (2026).

Text

Except as otherwise provided in a trust instrument, a person holding a power of appointment pursuant to a nontestamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect to the exercise or nonexercise of the power of appointment.

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Legislative History

(Added to NRS by 2011, 1477 )

Nearby Sections

15
§ 165.010
Short title
§ 165.020
Definitions; applicability of chapter
§ 165.030
Request for list of assets of trust estate
§ 165.1201
Applicability to testamentary trusts; general duties of trustee
§ 165.1204
Applicability to nontestamentary trusts; general duties of trustee
§ 165.1207
Requirements for satisfying duty to account; persons entitled to receive account
§ 165.121
Waiver of right to receive account
§ 165.1214
Delivery of account; frequency; when account deemed approved and final; payment of cost of preparation
§ 165.135
Form and contents of account
§ 165.138
Written demand for account by beneficiary: General duties of trustee; power to provide account or information without demand
§ 165.141
Written demand for account by beneficiary: Acceptance or rejection of demand by trustee; limitations on right to demand account
§ 165.143
Petition to review trustee’s rejection of written demand for account; time to file; notice; hearing
§ 165.145
Providing confidential account; review of confidential account; order granting relief to beneficiary
§ 165.147
Requirement to provide copy of trust instrument to beneficiary entitled to receive account
§ 165.148
Personal liability of trustee for failing to provide account; exceptions
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Bluebook (online)
Nevada § 165.149, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/165.149.