{"data":{"id":"us-nv/nrs-669a.133","jurisdiction":"us-nv","citation":"NRS 669A.133","heading":"Standards for administration and management of trust.","body":"While acting as the fiduciary of a trust, a family trust company or licensed family trust company:\n1. Shall administer and manage the trust in accordance with the terms of the trust;\n2. Shall administer and manage the trust in the interest of the beneficiaries of the trust;\n3. Shall administer and manage the trust in accordance with the provisions of this chapter; and\n4. May administer and manage the trust by the exercise of discretionary power of administration given to the fiduciary by the terms of the trust instrument.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 669A - FAMILY TRUST COMPANIES","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-669A.html#NRS669ASec133","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"49256ea300a0e859569956ec32e3fc29ad5d820efd1c54f9ec96f3b13097cf9e","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-669a.130","next":"us-nv/nrs-669a.135"},"notice":"GroundRules: Original legal text. Not legal advice."}