Nev. Rev. Stat. § 166A.240

General powers of custodial trustee.

Last amended: 2007Year: 2026Length: 67 wordsOfficial source
1. A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property which an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights and powers in a fiduciary capacity only. 2. This section does not relieve a custodial trustee from liability for a violation of NRS 166A.230. (Added to NRS by 2007, 288)
Nev. Rev. Stat. § 166A.240: General powers of custodial trustee. | Justis AI