Nev. Rev. Stat. § 163.027
Distribution of property or money of trust: Powers of trustee; manner; consent of affected beneficiaries required for distribution without proration under certain circumstances
Nevada · Nevada Revised Statutes Chapter 163 — Trusts · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 163.027, Distribution of property or money of trust: Powers of trustee; manner; consent of affected beneficiaries required for distribution without proration under certain circumstances, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086458
- Permanent ID
ys:prov:2086458@1- SHA-256
d71832256eca6c855aac2fb77ebc28560e25b35c35d01c8f8ec3b7a7eb689dd8
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. Except as otherwise provided in subsection 2 or in the trust, a trustee may distribute property and money:
(a) In divided or undivided interests; and
(b) With or without proration.
2. Each affected beneficiary must consent before property or money is distributed without proration unless the trust specifically authorizes the trustee to make that distribution or the distribution is otherwise authorized by law.