NRS 164.730: No duty to make adjustment between principal and income; trustee immunity from liability.
Where this section sits in the code
- TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
- CHAPTER 164 - ADMINISTRATION OF TRUSTS
- MANAGEMENT AND INVESTMENT OF PROPERTY
- Prudent Investor (Uniform Act)
1. The provisions of NRS 164.700 to 164.925, inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796.
2. A trustee shall not be liable for:
(a) Not considering whether to make such an adjustment; or
(b) Deciding not to make such an adjustment.
Collected 2026-09-03T05:51:33Z. Source file · JSON