NRS 163.070: Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized.
Where this section sits in the code
- TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
- CHAPTER 163 - TRUSTS
- TRUSTS (UNIFORM ACT)
Except as otherwise authorized by the trust instrument or order of the court, a corporate trustee shall not purchase for a trust shares of its own stock, or its bonds or other securities, or the stock, bonds or other securities of an affiliate.
Collected 2026-09-03T05:51:33Z. Source file · JSON