Nevada § 353D.380 Persons who are fiduciaries; standards for discharge of duties by fiduciaries. [Effective July 1, 2025.]

Nevada Statutes

§ 353D.380 — Persons who are fiduciaries; standards for discharge of duties by fiduciaries. [Effective July 1, 2025.]

Nevada § 353D.380

Title 31PUBLIC FINANCIAL ADMINISTRATION

Ch. 353DNevada

Miscellaneous Provisions

This text of Nevada § 353D.380 (Persons who are fiduciaries; standards for discharge of duties by fiduciaries. [Effective July 1, 2025.]) 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. § 353D.380 (2026).

Text

1.Each member of the Board, the Trustee and each investment adviser or other person who has control of the assets of the Trust is a fiduciary with respect to the Trust and each Individual Retirement Account established and maintained through the Program.

2.Each fiduciary shall discharge its duties with respect to the Program solely in the interests of covered employees and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with those matters would use in the conduct of an enterprise of like character and aims.

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1. Each member of the Board, the Trustee and each investment adviser or other person who has control of the assets of the Trust is a fiduciary with respect to the Trust and each Individual Retirement Account established and maintained through the Program.
2. Each fiduciary shall discharge its duties with respect to the Program solely in the interests of covered employees and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with those matters would use in the conduct of an enterprise of like character and aims.