GroundRules
NRS 163.340: Exercise of options, rights and privileges.
Where this section sits in the code
- TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
- CHAPTER 163 - TRUSTS
- TRUST POWERS WHICH MAY BE INCLUDED IN A WILL OR AGREEMENT BY REFERENCE
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.
Collected 2026-09-03T05:51:33Z. Source file · JSON