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

NRS 164.440: Failure to demand certification not improper act; liability.

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Where this section sits in the code
  1. TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
  2. CHAPTER 164 - ADMINISTRATION OF TRUSTS
  3. PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS (UNIFORM ACT)

A person’s failure to demand a certification of trust may not be considered to be an improper act by the person and no inference as to whether the person has acted in good faith may be drawn from the failure to demand a certification of trust. This section creates no implication that a person is liable for acting in reliance upon a certification of trust under circumstances where the requirements of NRS 164.400 to 164.430, inclusive, are not satisfied.

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

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