Nevada § 167.029 Transfer by debtor or person holding property of minor

Nevada Statutes

§ 167.029 — Transfer by debtor or person holding property of minor

Nevada § 167.029

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 167Transfers

This text of Nevada § 167.029 (Transfer by debtor or person holding property of minor) 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. § 167.029 (2026).

Text

1.A person not subject to NRS 167.025 or 167.027 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to the provisions of this chapter.

2.If a person has nominated a custodian under NRS 167.033 to receive the custodial property, the transfer must be made to that person.

3.If no custodian has been nominated, or if all persons so nominated die before the transfer or are unable, decline or are ineligible to serve, a transfer under this section may be made to an adult member of the minor’s family or to a trust company, unless the property exceeds $10,000 in value.

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1. A person not subject to NRS 167.025 or 167.027 who holds property of or owes a liquidated debt to a minor not having a conservator may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to the provisions of this chapter.
2. If a person has nominated a custodian under NRS 167.033 to receive the custodial property, the transfer must be made to that person.
3. If no custodian has been nominated, or if all persons so nominated die before the transfer or are unable, decline or are ineligible to serve, a transfer under this section may be made to an adult member of the minor’s family or to a trust company, unless the property exceeds $10,000 in value.