{"data":{"id":"us-nv/nrs-163.320","jurisdiction":"us-nv","citation":"NRS 163.320","heading":"Borrowing money; renewing existing loans.","body":"A fiduciary may:\n1. Borrow money for such periods of time and upon such terms and conditions as to rates, maturities, renewals and security as the fiduciary deems advisable, including the power of a corporate fiduciary to borrow from its own banking department, for the purpose of paying debts, taxes or other charges against the estate or any trust, or any part thereof;\n2. Provide a guarantee by the trust or mortgage, pledge or otherwise encumber such portion of the estate or any trust as may be required to obtain loan or loans; and\n3. Renew existing loans either as maker or endorser.","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#NRS163Sec320","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"b821d1bbede1daad08d1cfbbdf2174789c683ae0fcf1ee25e61eece7cc67771a","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-163.315","next":"us-nv/nrs-163.325"},"notice":"GroundRules: Original legal text. Not legal advice."}
