Nev. Rev. Stat. § 163.005

Creation: Consideration.

Last amended: 1991Year: 2026Length: 37 wordsOfficial source
Consideration is not required to create a trust, but a promise to create a trust in the future is enforceable only if it meets the requirements for enforcement as a contract. (Added to NRS by 1991, 1705)
Nev. Rev. Stat. § 163.005: Creation: Consideration. | Justis AI