Nevada § 166A.300 Expenses, compensation and bond of custodial trustee

Nevada Statutes

§ 166A.300 — Expenses, compensation and bond of custodial trustee

Nevada § 166A.300

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 166ACustodial

CUSTODIAL TRUSTS

This text of Nevada § 166A.300 (Expenses, compensation and bond of custodial trustee) 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.300 (2026).

Text

Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary or by court order, a custodial trustee:

1.Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;

2.Has a noncumulative election, to be made no later than 6 months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and

3.Need not furnish a bond or other security for the faithful performance of fiduciary duties.

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Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary or by court order, a custodial trustee:
1. Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;
2. Has a noncumulative election, to be made no later than 6 months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and
3. Need not furnish a bond or other security for the faithful performance of fiduciary duties.