GroundRules
NRS 143.420: Power to borrow and to encumber property of estate.
Where this section sits in the code
- TITLE 12 — WILLS AND ESTATES OF DECEASED PERSONS
- CHAPTER 143 - POWERS AND DUTIES OF PERSONAL REPRESENTATIVES
- INDEPENDENT ADMINISTRATION OF ESTATES
- Powers Exercisable Only After Giving Notice of Proposed Action
1. Subject to the limitations provided in subsection 2 and NRS 143.180, the personal representative who has limited authority or full authority has the following powers:
(a) The power to borrow; and
(b) The power to place, replace, renew or extend any encumbrance upon any property of the estate.
2. Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property.
Collected 2026-09-03T05:51:33Z. Source file · JSON