Nev. Rev. Stat. § 164.730
No duty to make adjustment between principal and income; trustee immunity from liability
Nevada · Nevada Revised Statutes Chapter 164 — Administration of Trusts · Status: effective
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- Citation
- Nev. Rev. Stat. § 164.730, No duty to make adjustment between principal and income; trustee immunity from liability, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086671
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Full text
1. The provisions of NRS 164.700 to 164.925, inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796.
2. A trustee shall not be liable for:
(a) Not considering whether to make such an adjustment; or
(b) Deciding not to make such an adjustment.