Nev. Rev. Stat. § 163.340
Exercise of options, rights and privileges
Nevada · Nevada Revised Statutes Chapter 163 — Trusts · Status: effective
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- Nev. Rev. Stat. § 163.340, Exercise of options, rights and privileges, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086502
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Full text
A fiduciary may:
1. Exercise all options, rights and privileges to convert stocks, bonds, debentures, notes, mortgages or other property into other stocks, bonds, debentures, notes, mortgages or other property;
2. Subscribe for other or additional stocks, bonds, debentures, notes, mortgages or other property; and
3. Hold such stocks, bonds, debentures, notes, mortgages or other property so acquired as investments of the estate or trust so long as the fiduciary deems advisable.