Nevada § 166A.210 Transfer to custodial trustee by fiduciary or obligor; facility of payment

Nevada Statutes

§ 166A.210 — Transfer to custodial trustee by fiduciary or obligor; facility of payment

Nevada § 166A.210

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 166ACustodial

CUSTODIAL TRUSTS

This text of Nevada § 166A.210 (Transfer to custodial trustee by fiduciary or obligor; facility of payment) 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. § 166A.210 (2026).

Text

1.Unless otherwise directed by an instrument designating a custodial trustee pursuant to NRS 166A.190 , a person, including, without limitation, a fiduciary other than a custodial trustee, who holds property of or owes a debt to an incapacitated individual not having a conservator may make a transfer to an adult member of the beneficiary’s family or to a trust company as custodial trustee for the use and benefit of the incapacitated individual. If the value of the property or the debt exceeds $20,000, the transfer is not effective unless authorized by the court.

2.A written acknowledgment of delivery, signed by a custodial trustee, is a sufficient receipt and discharge for property transferred to the custodial trustee pursuant to this section.

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1. Unless otherwise directed by an instrument designating a custodial trustee pursuant to NRS 166A.190 , a person, including, without limitation, a fiduciary other than a custodial trustee, who holds property of or owes a debt to an incapacitated individual not having a conservator may make a transfer to an adult member of the beneficiary’s family or to a trust company as custodial trustee for the use and benefit of the incapacitated individual. If the value of the property or the debt exceeds $20,000, the transfer is not effective unless authorized by the court.
2. A written acknowledgment of delivery, signed by a custodial trustee, is a sufficient receipt and discharge for property transferred to the custodial trustee pursuant to this section.