{"data":{"id":"us-nv/nrs-88a.400","jurisdiction":"us-nv","citation":"NRS 88A.400","heading":"Indemnification of trustee, beneficial owner or other person.","body":"1. Subject to the standards and restrictions, if any, set forth in the certificate of trust or the governing instrument, a business trust may indemnify and hold harmless a trustee, beneficial owner or other person from and against all claims and demands.\n2. The absence of a provision for indemnity in the certificate of trust or governing instrument does not deprive a trustee or beneficial owner of any right to indemnity which is otherwise available to the trustee or beneficial owner pursuant to the laws of this State.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 88A - BUSINESS TRUSTS","OPERATION"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-088A.html#NRS088ASec400","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"090b3b663808e46cf1d19b3316ec4522e2e6ad4f9d6e7aee298e9890cc157f12","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-88a.390","next":"us-nv/nrs-88a.410"},"notice":"GroundRules: Original legal text. Not legal advice."}