{"data":{"id":"us-nv/nrs-163.390","jurisdiction":"us-nv","citation":"NRS 163.390","heading":"Establishment and maintenance of reserves.","body":"1. A fiduciary may:\n(a) Set up proper and reasonable reserves for taxes, assessments, insurance premiums, depreciation, obsolescence, amortization, depletion of mineral or timber properties, repairs, improvements and general maintenance of buildings or other property out of rents, profits or other income received; and\n(b) Set up reserves also for the equalization of payments to or for beneficiaries.\n2. The provisions of this section shall not affect the ultimate interests of beneficiaries in such reserves.","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#NRS163Sec390","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"e54e99b845389995884674e1cc3c77c6478d2048e94d85b51ef156cba52cdcf9","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-163.385","next":"us-nv/nrs-163.395"},"notice":"GroundRules: Original legal text. Not legal advice."}