{"data":{"id":"us-nv/nrs-166a.270","jurisdiction":"us-nv","citation":"NRS 166A.270","heading":"Exemption of third person from liability.","body":"A third person in good faith and without a court order may act on instructions of, or otherwise deal with, a person purporting to make a transfer as, or purporting to act in the capacity of, a custodial trustee. In the absence of knowledge to the contrary, the third person is not responsible for determining:\n1. The validity of the purported custodial trustee’s designation;\n2. The propriety of, or the authority under this chapter for, any action of the purported custodial trustee;\n3. The validity or propriety of an instrument executed or instruction given pursuant to this chapter either by the person purporting to make a transfer or declaration or by the purported custodial trustee; or\n4. The propriety of the application of property vested in the purported custodial trustee.","path":["TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS","CHAPTER 166A - CUSTODIAL TRUSTS (UNIFORM ACT)","CUSTODIAL TRUSTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-166A.html#NRS166ASec270","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"89a049090236222bd8a15e3057b2179c1e042df6856b7648ced274aea9a544da","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-166a.260","next":"us-nv/nrs-166a.280"},"notice":"GroundRules: Original legal text. Not legal advice."}