{"data":{"id":"us-nv/nrs-163.275","jurisdiction":"us-nv","citation":"NRS 163.275","heading":"Investments; reinvestments; delegation of authority to invest.","body":"1. A fiduciary may invest and reinvest, as the fiduciary deems advisable:\n(a) In stocks, common or preferred, bonds, debentures, notes, mortgages or other securities in or outside the United States;\n(b) In insurance contracts on the life of any beneficiary or of any person in whom a beneficiary has an insurable interest, or in annuity contracts for any beneficiary;\n(c) In any real or personal property;\n(d) In investment trusts;\n(e) In participations in common trust funds;\n(f) In securities of any corporation, trust, association or fund:\n(1) Which is engaged, or proposes to engage, in the business of investing, reinvesting, owning, holding or trading in securities;\n(2) Whose assets are invested principally in cash or in securities of other issuers; and\n(3) Which is registered as an investment company with the Securities and Exchange Commission; and\n(g) Generally in such property as the fiduciary deems advisable, even though the investment is not of the character approved by applicable law but for this section.\n2. A fiduciary may delegate the authority to invest, but the fiduciary is not thereby relieved of any liability that exists in the absence of delegation.","path":["TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS","CHAPTER 163 - TRUSTS","TRUST POWERS WHICH MAY BE INCLUDED IN A WILL OR AGREEMENT BY REFERENCE"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-163.html#NRS163Sec275","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"8a593adcf716781d57facd96c0ad101dd2f9b70dca2b659e980d9e081a4beda1","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-163.270","next":"us-nv/nrs-163.280"},"notice":"GroundRules: Original legal text. Not legal advice."}