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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 143.187: Power to hold stock in name of nominee; personal liability of personal representative.

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Where this section sits in the code
  1. TITLE 12 — WILLS AND ESTATES OF DECEASED PERSONS
  2. CHAPTER 143 - POWERS AND DUTIES OF PERSONAL REPRESENTATIVES
  3. ADMINISTRATION OF ESTATES GENERALLY

1. A personal representative holding certificates of stock in that capacity may hold the stock in the name of a nominee without mention in the stock certificate or registration books, if:

(a) The records of the personal representative and all reports and accountings the personal representative renders clearly show the holding and the facts regarding it; and

(b) The nominee deposits with the personal representative a signed statement of the true interest of the personal representative.

2. A personal representative is personally liable for any loss to the estate resulting from any act of the nominee in connection with stock so held.

Collected 2026-09-03T05:51:33Z. Source file · JSON

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